Major lease deal at Dworcowa 25 project in Gliwice

Investor Global City Holdings has signed Enginiety, a company providing digital business transformation services, for its Dworcowa 25 office project in downtown Gliwice. The tenant has leased more than 1,100 sqm at the scheme with Colliers International, the exclusive leasing agent of the developmen...

Locked content Fuel prices may inch down – BM Reflex

If there is no rapid increase in wholesale fuel prices, prices at stations may drop by PLN 0.02 – 0.04 per liter this week, BM Reflex analysts estimated. Although the unstable situation on the oil and gas market affects fluctuations in wholesale fuel prices, prices on the retail market remain ...

Locked content Netia appoints Andrzej Abramczuk as CEO

Netia’s supervisory board appointed Andrzej Abramczuk as the new CEO as of August 18, the company said in a statement. Abramczuk has been a board member at Netia since December 2017. Back in May Katarzyna Iwuć resigned from the CEO post. The supervisory board then named Wojciech Pytel the acti...

Locked content Agora with negative EBITDA of PLN 2.4 mln in Q2

Media group Agora recorded PLN 0.3 million consolidated net profit in Q2, flat versus a year ago. Operating loss widened to PLN 22.8 million from 6.8 million in Q2 2017. EBITDA loss stood at PLN 2.4 million versus positive EBITDA of PLN 31.4 million a year ago. Revenue in Q2 declined by 8.6 percent ...

Locked content Deadline for agreeing Simple sale terms postponed

Gino Rossi and Monari decided to extend negotiations regarding terms of Simple Creative Products (Simple) until August 14. The last condition, which should be met, is setting the financing terms of Simple with Bank PKO BP. Arrangements with the bank are carried out in cooperation with Monnari, Gino ...

Locked content Serinus Energy plans to start gas sales in Romania

Serinus Energy plans to start regular gas sales in Romania in the second half of August. In Q2 the company spudded Moftinu-1007 well, the depth of which is 1,463 meters. The well was tested and connected to the gas plant. In addition, Moftinu-1000 well launched production. Currently, Serinus is fina...

Locked content Redan to issue up to PLN 13 mln bonds

Clothing retailer Redan plans to issue bonds for a nominal value of PLN 13 million with two years maturity. A potential investor decided to acquire all bonds, Redan said. The issue price is set at PLN 990 per bond. PLN 7 million from the issue will be spent to buy newly issued TXM shares. The…...

Over 20 Ryanair flights to and from Poland canceled

More than 20 Ryanair flights to and from Poland were canceled on Friday, August 10 due to pilots’ strike. The destinations include Germany, Belgium, and Sweden. Overall, on August 10 Ryanair managed to execute 85 percent of scheduled flights in Europe, the company said. The airline apologized to pas...