Erbud with new contracts in Poznań and Kraków

Warsaw Stock Exchange-listed construction company Erbud has been appointed as the general contractor of a residential project that a subsidiary of developer Konimpex-Invest will develop on ul. Smoluchowskiego in Poznań. The scheme is scheduled to be completed in the first quarter of 2020 with the va...

Balmain gains full control over BSC companies

Balmain Asset Management has acquired more shares in BSC Real Estate Advisors and BSC Property Management, and now has a 100-percent stake in the BSC Group. BSC Real Estate Advisors, a company offering a wide range of real estate services, was established at the beginning of last year by Balmain Ass...

Locked content Enter Air looks to raise more money for two Boeing 737s

Charter airline Enter Air has filed a prospectus with the Financial Supervision Authority (KNF) for a rights issue of 2.3 million shares. The company hopes to raise PLN 60 million for the acquisition of two Boeing 737-8 MAX planes, which will join the firm’s fleet in Q4 2018. The new shares will com...

Locked content PKN Orlen pre-notifies EC on merger with Lotos

PKN Orlen sent complete analysis of the merger with Grupa Lotos to the European Commission (EC), as part of the pre-notification process – PKN Orlen CEO Daniel Obajtek informed. “We are in constant talks with the EC and we want to prove that the merger is not a threat to competition on t...

Locked content Erbud with two contracts worth PLN 73 mln

Construction company Erbud signed two contracts for construction work in Poznań and Kraków for a total sum of PLN 72.6 million, the company stated. The first deal is for a residential/service scheme in Poznań worth PLN 30.7 million, set to be completed in February 2020. The other contract is for the...

Locked content Sygnity with PLN 12 mln EBITDA and revenue at PLN 254 mln

IT firm Sygnity reported EBITDA of PLN 11.7 million after the first three quarters of the fiscal year 2017/2018. Adjusted for one-off items, EBITDA stood at PLN 21.3 million. The company has a backlog for 2017/2018 of PLN 335 million. After the first three quarters, revenue came in at PLN 254.2 mill...

Locked content Ostróda Yacht files with UOKiK for Delphia takeover

Yacht producer Ostróda Yacht has filed an application with the Office of Competition and Consumer Protection (UOKiK) for the acquisition of the Delphia Yachts Kot, the anti-monopoly watchdog stated. The application was filed on August 10. Ostróda Yacht is fully controlled by the Beneteau Group, acti...

Locked content TXM to raise PLN 31.9 mln from share and bond issue

TXM has completed the recapitalization of the company through the issue of shares and bonds with a total value of PLN 31.9 million, the company said. The management board also announced the signing of amending agreements with the financing banks, which guarantee the company that credit lines will be...

Locked content ZA Puławy dismisses Jacek Janiszek from CEO post

The supervisory board of Grupa Azoty Zakłady Azotowe Puławy (ZA Puławy) dismissed Jacek Janiszka from the management board as the CEO, the company said. At the same time, the supervisory board delegated Krzysztof Bednarz – a member of the company’s supervisory board – to temporaril...