Locked content Trigon TFI terminates contract with GetBack

Investment Fund Trigon TFI terminated a contract with GetBack for the management of debt portfolios under the nine Trigon Profit funds. In the coming days, Trigon TFI intends to sign agreements on the management of those debt portfolios with new entities, the company said in a statement. Trigon TFI ...

Locked content Podlaskie with 13% less accidents on farms

In Podlaskie voivodship the number of accidents in agriculture has decreased by 12.8 percent over the past two years – said Krzysztof Jaworowski, the director of the regional branch of KRUS in Białystok. According to the Farmers Social Insurance Administration (KRUS), in the first half of 2016...

Locked content Zalando Lounge with operations in Olsztynek

Zalando Lounge will launch a 130,000 sqm logistics center in Olsztynek at the beginning of 2019. Good infrastructure with direct access to the S51 and S7 expressways and employment prospects are just some of the reasons for choosing this location, the company indicated. “The facility will be m...

Locked content Polonus launches new Warsaw-Kraków route

Bus operator Polonus, head of Polonus Partner coach net, launches a new Warsaw-Kraków route as of July 27. The new connection will go through Radom, Skarżysko Kamienna, and Kielce cities, the operator said in a statement. The coalition of Polish coach carriers Polonus Partner was launched a month ag...

Locked content Qumak signs contract for PLN 5.1 mln gross

Polish IT and technological company Qumak signed a contract with a company operating in the power sector. Under the contract, Qumak will implement Identity Management service and provide the additional support services for 36 months after the implementation.  The value of the contract is PLN 5.1 mil...

Locked content Bogdanka targets H1 net profit of PLN 64.5 mln

Coal miner Bogdanka targets H1 net profit of PLN 64.5 million, EBITDA of PLN 270 million, the company said. Operating profit is expected at PLN 74 million, revenue at PLN 854.5 million. Bogdanka maintains production outlook plan for 2018 at not less than 9 million tons. Bogdanka plans to publish H1 ...

Locked content 15,600 apartments sold in Q2 – REAS

In Q2 15,400 apartments were added to the offer in  Poland’s top six markets (Warsaw, Kraków, Wrocław, the Tri-City, Poznań and Łódź), 11.7 percent less y/y. The number of sold apartments amounted to 15,600, 11 percent less versus a year ago, REAS stated in the report. The offer size at the end of t...

Locked content Rafako in consortium wins tender for PLN 199 mln

Energa Wytwarzanie chose Rafako offer in consortium with Energa Serwis as most favorable. The total value of the offer for flue gas desulphurization installation is PLN 199.25 million net (PLN 245 million gross). Rafako share amounts to 63.3 percent. The works should be executed within 24 months fro...

Locked content Monnari offers PLN 12 mln for Simple

Fashion retailer Monnari placed an adjusted offer to buy through its unit 100 percent stake in Simple Creative Products (Simple). The proposed price for Simple owned by Gino Rossi is PLN 12 million. In February Monnari offered for Simple about PLN 46-50.5 million. The proposed price was significantl...

Locked content Czarnecki considers Getin Noble and Idea Bank consolidation

Getin Noble Bank (GNB) major shareholder Leszek Czarnecki considers consolidation of Getin Noble and Idea Bank, GNB said. Czarnecki expects that consolidation will lead to cost and sales synergies and increase sales potential. In the near future, he intends to analyze benefits and costs and may agre...