Locked content Industrial production in Poland up 6.7% in June

Seasonally adjusted industrial production in Poland grew by 6.7 percent y/y in June compared to 7.6 percent growth a month ago, EU’s statistics office Eurostat stated. On a monthly basis, Poland registered growth of 0.1 percent. In EU industrial production rose by 2.6 percent y/y in June and f...

Vegetable harvest in EU suffers from drought

Prolonged drought in Europe has caused serious problems in vegetable cultivation; harvests of peas, beans, onions, zucchini, and spinach reduced the most.  With the hot and dry weather continuing throughout July, the situation for vegetable growers and processors became the hardest over the last for...

Locked content GDP growth may reach 5% in 2018 – analysts

In Q2 GDP unadjusted seasonally (at constant average prices of the previous year)  grew by 5.1 percent quarter-on-quarter,  the Central Statistical Office (GUS) reported. Seasonally adjusted GDP (in constant prices referred at 2010) increased by 0.9 percent compared to Q1 and was 5 percent higher y/...

Locked content Nextbike targets 2018 EBITDA at PLN 16.4 mln

Bike sharing operator Nextbike targets 2018 EBITDA at PLN 16.4 million, a 5 percent increase compared to 2017. Revenue is seen at PLN 70.5 million, 62 percent more than last year. The company also estimates that the number of bicycles available through its system will reach 17,800 by the end of 2018...

Locked content Wawel H1 net profit down at PLN 30.5 mln

Confectioner Wawel H1 net profit fell to PLN 30.5 million from PLN 34.9 million a year ago. Operating profit stood at PLN 36.7 million versus PLN 36.6 million a year ago. EBITDA grew to PLN 50.9 million from PLN 48.3 million y/y. EBITDA margin was 20.1 percent. Revenue rose to PLN 252.9 million comp...