Polish food producers at organic food trade fair in New York

Several Polish food producers took part in three-day the 2018 Summer Fancy Foods Show in New York that started on June 30, the largest organic food fair in the US. Deputy Agriculture Minister Jacek Bogucki, who was present at the fair, said that last year Poland sold food to the US for nearly $600 m...

Locked content Pekao on route to merge with Alior – Reuters

Bank Pekao will likely move forward on a merger with Alior Bank, according to two confidential sources cited by Reuters. In late February, Pekao’s CEO Michał Krupiński stated he believed that analysis for a possible merger with Alior Bank would be completed by the end of Q2. Reuters said that the me...

Locked content Economic sentiment down in June

The forward-looking economic sentiment indicator dropped by 0.4 points m/m in June, the Bureau for Investments and Economic Cycles (BIEC) informed. It is currently 3.8 points below its last local peak recorded in January 2017. “The majority of negative signals come from the Warsaw Stock Exchange, wh...

Locked content ATM to pay out dividend of PLN 2.46 per share

The AGM of ATM SA decided to pay out PLN 2.46 per share in dividend for 2017, despite the management board’s recommendation not to pay out dividend this year. The total sum of dividend payouts will amount to PLN 89.4 million. The management board had recommended that the net profit for 2017 should b...