EU subsidies reach PLN 187.9 bln

The value of EU subsidy applications submitted by May 27 amounted to PLN 317.7 billion, according to data released by the Ministry of Development. Till that day, 35,531 contracts for the EU co-financed projects amounted to PLN 187.9 billion in EU subsidies.

Locked content Hawe to be finally excluded from the WSE

After a number of temporary suspensions, the Warsaw Stock Exchange will exclude telecommunications infrastructure company Hawe shares from its indices on June 2. Back in March, the Financial Supervision Authority KNF unanimously such fine, and Hawe said that it won’t appeal the decision. The exclusi...

Locked content Ciech to buy Spanish Proplan for €33.5 mln

WSE-listed chemicals group Ciech will buy 75 percent stake in Spanish Proplan Plant Protection company for €33.5 million., the company said in a market filing with an option to acquire the remaining shares. “The transaction will significantly expand the product portfolio of the Ciech group in the fi...

Locked content Media: EU funds for Poland to be cut by 23% in the new budget

According to media reports, in the new European Union 7-year financial framework, cohesion policy funds for Poland will be 23 percent smaller than in the current one. Still, with €64.4 billion that Warsaw will get is the biggest amount among EU member states. The second will be Italy, with €38.6 bil...

Locked content Tax office to prepare tax declarations for citizens – FinMin

Starting from next year, Poland’s tax authority KAS will start preparing tax declaration for taxpayers, Finance Minister Teresa Czerwińska announced. The declarations will be prepared electronically (for PIT-37 and PIT-38 declarations) based on existing information from the tax office. It will inclu...

Locked content Brand24 mulls move to WSE main index

Listed on the small-cap, alternative NewConnect market, Brand24 does not rule out the move to the WSE main index next year, said CEO Michał Sadkowski. “Specific decisions have not yet been made. The move will not be followed by new share issues and we see it as a nod to existing shareholders in orde...

Locked content Mid Europa Partners to acquire JS Hamilton

Investment fund Mid Europa Partners has signed a conditional agreement to purchase a majority stake in JS Hamilton for an unspecified amount. The deal, if approved by the antitrust watchdog UOKiK, will go through Mid Europa’s subsidiary, Lamferto Investments. JS Hamilton is a group of companies loca...