Locked content Ergis Q2 prelim. net profit at PLN 8.6 mln

Ergis preliminary consolidated net profit grew by 20.6 percent y/y to PLN 8.6 million in Q2. Revenue increased by 10.7 percent to PLN 207.3 million. Operating profit fell by 15.2 percent y/y to PLN 9.1 million, while EBITDA declined by 8.7 percent to PLN 15.1 million. The results give hope for a ret...

Locked content Silvair raises over PLN 20 mln in IPO

Silvair allocated 1.2 million new shares in the initial public offering (IPO) and raised over PLB 20 million gross. 34,910 shares were offered to individual investors, and the remaining shares were offered to institutional investors. The issue price was set at PLN 17 per share. Silvair plans to use ...

Locked content GetBack starts evaluating strategic options

Troubled debt collector GetBack started considering strategic options aimed at improving operations of the company and group. GetBack considers various options such as converting debt into share capital, share capital increase, the sale of in individual assets, the sale of asset classes, and the acq...

Locked content EC imposes €4.34 bln fine on Google

The European Commission imposed a record €4.34 billion fine on Google over “serious illegal behavior” to secure the dominance of its search engine on mobile phones. Google has used its Android mobile phone operating system “to cement its dominance as a search engine,” thus pr...

Locked content Dom Development expands Port Żerań estate in Warsaw

WSE-listed developer Dom Development has launched apartment sales in the second phase of its Port Żerań residential project located in the Białołęka district of the Polish capital. On offer are a total of 330 units in two buildings, which are scheduled to be completed in the final quarter of next ye...

Locked content More people buy train tickets via internet

Train ticket sales on websites and mobile applications increased to 7.7 percent in 2017 from 5.4 percent in 2016. The sales also increased in stationary ticket vending machines (from 6.0 percent to 7.0 percent) and mobile ticket machines (from 0.4 percent to 1percent), the Railway Transport Office (...