Locked content New industrial orders for exports up 5.8% y/y in June

New industrial orders for exports increased by 5.8 percent y/y in June, after a 4.8 percent growth y/y in the previous month, GUS informed. In month-on-month terms, new industrial orders for exports increased by 12.1 percent. In May, they fell by 2.5 percent m/m. The indicator points to an increased...

Locked content Car production drops 5.1% y/y in June

The number of passenger cars manufactured in June 2018 fell to 44,200, which marks a 5.1 percent drop year-on-year, according to data published by statistics office GUS. In month-on-month terms, car production increased by 1.8 percent. In the first half of the year, 261,000 cars were manufactured, w...

Locked content Rafako signs a PLN 126 mln deal

A Rafako-led consortium signed a deal for the construction of a gas desulphurization plant II in the Ostrołęka Power Plant B, the company stated. The value of the agreement is PLN 199.3 million net, PLN 126.3 million of which is Rafako’s remuneration. The consortium also includes Energa Serwis. The ...

Locked content Atal establishes German subsidiary

Residential developer Atal has formed a subsidiary in Germany, with Atal SA holding 80 percent of Atal Development GmbH’s shares and Juroszek Investment holding the remaining 20 percent. The company is currently eyeing the German market looking for attractive opportunities, CEO Zbigniew Juroszek sai...

Locked content Nextbike to operate 1k bikes in Łódzkie

Nextbike Polska’s subsidiary signed an agreement with Łódzkie Voivodship Marshall Office for the delivery, launch, management and maintenance of a public bike system for a total amount of PLN 24 million gross. The company has 105 days to complete the second stage of the deal, which includes the deli...

Locked content 74 dead in Greece wildfire, including two Poles

At least 74 people died in the wildfires in Greece, which broke out on Monday afternoon near Athens, rescue services announced on Tuesday evening. Another 187 is injured, including 23 children. Two Poles, a mother and her son, also died when the boat they had been evacuated on, drowned. Greece’s Pri...

Locked content Cargo transport up 13% y/y in H1 2018

Cargo transport in June 2018 increased by 10.9 percent y/y and came in at 51.2 million metric tonnes, GUS stated. The volume of cargo transport in January-June 2018 amounted to 294.1 million tonnes, a 13.0 percent increase compared to the corresponding period of 2017. Rail cargo transport increased ...

Locked content WSE capitalization down 6.6% y/y in H1 2018

The capitalization of the Warsaw Stock Exchange at the end of June stood at PLN 1.229 trillion, marking a drop of PLN 87.3 billion, that is 6.6 percent y/y, GUS stated. Over the first six months of the year, the WSE saw five new debuts, while 10 companies were delisted, resulting in 473 companies, i...