Locked content Erbud signs PLN 95 mln deal with Vantage

Construction company Erbud has signed an agreement with companies from the Vantage Development group to construct stage three of the Dorzecze Legnickiej in Wrocław, comprising 204 units, and stage 10 in the Promenady Wrocławskie residential project, offering 233 apartments and 6 retail units. The va...

Locked content OT Logistics will offer PLN 200 mln bonds in June

OT Logistics has signed a deal with Bank Pekao and mBank, which will underwrite its bond issue of PLN 200 million in June. The bonds will have a 1-7 year maturity. OT Logistics plans to refinance the debt from its previous bonds issues and bank loans with the funds raised in this offering. Thus far,...

Locked content Hisense offers to buy 12 mln shares of Gorenje at €12 per share

Hisense Luxemburg Home Appliance Holdings, part of a Chinese holding, has placed an offer to purchase 24,424,613 shares of Gorenje at €12 per share, Gorenje stated. The offer is valid through May 29-June 26, 2018. Hisense already holds 8,050,014 shares of the household appliance producer. Earlier in...

Locked content German chains Tedi and Globo mulling Polish expansion

German discount store chain Tedi, as well as footwear retailer Globo are looking to launch stores in Poland, according to the Polish Shopping Centre Council (PRCH). “As every year, several new brands have already expanded their offer into Poland and more are interested in expansion, including German...

Locked content PKO holds over 100k accounts for foreign nationals

At the end of Q1 2018 Poland’s biggest lender PKO BP held 102,000 current accounts of foreign nationals living in Poland, 12,000 more than at the end of Q4 2017. The majority of the immigrants were from Ukraine, Moldova and Belarus, ISBnews reported citing the bank’s press office. PKO’s mobile app f...