Locked content Medicalgorithmics expands with PocketECG in Canada

Medicalgorithmics signed an agreement with m-Health Solutions for distribution of arrhythmia diagnosis system PocketECG in Canada. Under the agreement, m-Health Solutions should buy and activate 1,000 PocketECG devices in the first year of cooperation. Medicalgorithmics will be responsible for provi...

Locked content Rafako offer in consortium chosen most favorable

Rafako offer in consortium with PeBeKa for construction of a gas pipeline was chosen as most favorable by Gaz – System. The total value of the offer is PLN 687 million net (PLN  845 million gross), out of which the company’s share is 50 percent. The deadline for completion of works is 24 month...

Locked content Soho Development net loss at PLN 35.3 mln in H1 2017/18

Soho Development recorded consolidated net loss of PLN 35.28 million in the first half of 2017/2018, the company said. A year ago the developer reported a profit of PLN 6.95 million. Operating loss in H1 2017/2018 amounted to PLN 18.25 million in comparison to profit PLN 4.45 million y/y. Revenue gr...

Locked content Aton-HT applies for restructuring

Aton-HT applied to Wrocław court for opening the restructuring under the accelerated arrangement proceedings, the company said. Management Board of Aton-HT believes it would help to stabilize and improve current financial liquidity. The board also estimated that the company is capable to generate po...

Locked content Getin Noble Bank to sell 25% in Noble Securities

Getin Noble Bank signed a conditional agreement to sell 25 percent stake in Noble Securities to Leszek Czarnecki, the bank said. The approval of Polish Financial Supervision Authority (KNF), which  Czarnecki should obtain, is the necessary condition. The 25 percent stake equals to 874,036 Noble Secu...

Locked content Kruk: 41% of Poles spend more than planned on holidays

Over 40 percent of Poles spend more than planned during holidays, Kruk research stated. On average expenses for one person amount to PLN 1,677. Those aged 45-55 spend more: about PLN 2,000. The medium length of holidays is 8 to 13 days. More than one-third of Poles (36 percent) will spend holidays i...

Locked content Polnord raises PLN 40 mln in private bond issue

Polnord issued 3-year unsecured bonds for a total nominal value of PLN 40 million. The interest will be paid every six months. The interest rate will be variable and equal to the WIBOR6M rate increased by the margin for each interest period. Polnord is a developer operating in several Polish cities....

Locked content JSW keeps coal output of 15.4 mln tonnes in 2018

WSE-listed coal miner JSW confirmed its plan to produce 15.4 million tonnes of coal in 2018, despite the previously reported risk of reducing coal production by up to 380,000 tonnes, JSW CEO Daniel Ozon said. The risk was related to the accident in Zofiówka, which occurred in May. In March JSW annou...

Locked content Analysts still see slight decline in fuel prices

There is a chance for a further slight decline in fuel prices this week. The size of decline will depend on decisions taken during the Vienna meeting of OPEC countries and 10 oil producers from outside the cartel, the analysts said. Currently, Iran does not want to support the decision to increase o...

First phase of Skanska’s High5ive officially opened

Developer Skanska Property Poland has officially opened for business the first phase of its High5ive office project in downtown Kraków, which consists of two buildings comprising a combined 23,300 sqm of leasable space. Their tenants include ABB, PwC, Business Link, Ocado Technology and Symphony. Th...