Locked content CCC sales grow 7.9% in June

WSE-listed shoe retailer CCC recorded PLN 405.4 million in consolidated sales revenue in June, a 7.9 percent more compared to a year earlier. In H1, revenues stood at PLN 2.02 billion, an increase of 9.6 percent y/y. Revenues from retail sales in CCC stores in June amounted to over PLN 331.2 million...

Brussels launches new case against Poland over Supreme Court reform

The European Commission launched a new case against Poland over changes to the Supreme Court which it claims undermines judicial independence in the country. The new law, which comes into force on Tuesday, lowers the retirement age for Supreme Court judges from 70 to 65, which affects one-third of t...

Energa to reverse PLN 116.6 mln asset impairments

WSE-listed power utility Energa will boost its 2018 net result by PLN 94.5 million, thanks to reversing PLN 116.6 million impairments on its wind farm assets, following regulatory changes, the company said in a market filing.

Locked content Arbitration court (partially) sides with PGNiG in row with Gazprom

The Arbitration Tribunal in Stockholm said that WSE-listed gas giant PGNiG is entitled to a reduction in gas prices purchased from Russian Gazprom retroactive to November 1, 2014, the company said in a market filing, The court, however, rejected the PGNiG’s cut proposal, deeming it “too aggressive.”...

7,000 sqm leased at Panattoni Park Pruszków II

Logistics operator No Limit has leased approximately 6,500 sqm of warehouse space and around 500 sqm of office area at the Panattoni Park Pruszków II distribution center in the Warsaw agglomeration. The tenant, who was advised by Savills during the lease negotiations, has already moved into its new ...

New tenant at Symetris Business Park in Łódź

Solar Polska, a distributor of electrical, heating, plumbing, ventilation, climate and energy solutions for a whole range of industries, has leased almost 1,000 sqm of office space at the Symetris Business Park complex in Łódź. The tenant, who was advised by Colliers International during the lease n...

Locked content WSE bulls drop 7.5 pp to 20.2%

The percentage of bullish investors, expecting an upward trend in the WSE dropped by 7.5 pp to 20.2 percent at the end of June, while the percentage of bearish investors increased by 6 pp to 62.2 percent, according to a weekly Investor Sentiment Index (INI) survey. The survey covers over 350 investo...