Locked content PKP Cargo with PLN 90 mln H1 net profit

WSE-listed rail freight operator PKP Cargo had PLN 89.6 million net profit in H1 according to preliminary results. This is a 361.9 percent y/y growth. Estimated revenues of the group amounted to PLN 2.51 billion compared with PLN 2.27 billion last year. Operating profit grew by 194.9 percent y/y to ...

Locked content Żywiec with PLN 124 mln net profit in H1

WSE-listed beer producer Żywiec, subsidiary of Heineken, had a PLN 123.8 million net profit in H1, down from PLN 134.7 million last year, the company said in a market filing. Revenues amounted to PLN 1.64 billion, compared with PLN 1.58 billion last year. “Very good weather in April and May and addi...

Locked content Colian shareholders approve delisting

Shareholders of the WSE-listed confectionery producer Colian approved the decision to delist the company from the Warsaw Stock Exchange. AllumaInvest, Ziołopex, Barbara Kolańska, Jan Kolański, Colian Holding, and Ipopema 21 FiZAN, controls 91.76 percent of the company and announced the mandatory squ...

Locked content BGŻ BNP to get PLN 41 mln funding for taking over SKOK Rafineria

WSE-listed BGŻ BNP Paribas will receive PLN 41 million funding from the state-run Bank Guarantee Fund BFG for taking over troubled credit union SKOK Rafineria, BFG said. Furthermore, the fund will provide a guarantee for losses stemming from acquiring the property rights to the credit union in excha...

Locked content URE to pay PLN 165 mln in stranded costs to utilities

Energy market regulator URE will pay PLN 164.9 million in stranded cost compensation to a number of utilities in 2019. Payments include PLN 96.7 million to WSE-listed PAK for its Patnów II plant, PLN 30.2 million to Polenergia’s Nowa Sarzyna block, PLN 37.6 million to CEZ Chorzów, and PLN 0.35 milli...

Locked content AmRest to buy sushi chain for €240 mln

WSE-listed restaurant operator AmRest has signed a share purchase agreement with Grégory Marciano, Naxicap Partners and other entities regarding the purchase of 100 percent stake in Sushi Shop restaurant chain. “The purchase price will amount to approximately €240 million (and will be adjusted by th...