Echo trumpets infrastructural investment in Katowice

Warsaw Stock Exchange-listed developer Echo Investment has revealed it will spend PLN 38 million on the construction of new and modernization of existing roads around its ongoing Galeria Libero shopping center project in Katowice. The company will finish building the infrastructure till the end of A...

Locked content Pharma sales in April decline by 2.4% – report

The sales of pharmaceuticals in Poland fell in April by 2.4 percent y/y to PLN 2.6 billion, according to estimates by the market consultancy PEX PharmaSequence. Compared to March 2018  sales decreased by nearly PLN 476 million (-15.3 percent). The average turnover of a pharmacy in April amounted to ...

Locked content Polish dairy producers are optimistic about export to China

Sales of Polish dairy products on the Chinese market are getting better and better, a representative of Polish Chamber of Milk said at the food fair in Shanghai. “We have already learned to adapt both packaging and taste for the Chinese consumer. I see a very optimistic future of the Polish da...

Locked content PBKM Q1 net profit grows to PLN 10 mln

Polish stem cell bank PBKM recorded Q1 net profit of PLN 9.96 million compared to PLN 5.89 million a year ago, the company said. Operating profit amounted to PLN 11.63 million compared to PLN 8.32 million profit in Q1 2017.  EBITDA  was  PLN 13.06 million, up 38.1 percent compared to a year earlier....

Locked content Marek Miętka to become Piotr i Paweł CEO

Marek Miętka has been named Polish retail chain Piotr i Paweł CEO as of June 1, the company said. Marek Miętka has extensive experience in retail trade management. Since 2000 he worked in Tesco, where he held, among others, the post of operational director. “We intend – using Marek’...

Locked content UOKiK gives Eurocash green light to buy Mila

Polish wholesaler Eurocash has secured from UOKiK unconditional approval for the acquisition of 100 percent in Domelius Limited. As a result, Eurocash will receive control in its subsidiaries Mila Holding, Mila, Investpol 700 Mila and Koja-Mila. In September 2017, Eurocash signed a preliminary agree...