15.6% of firms will increase salaries in 2018 – survey

As many as 15.6 percent of companies are planning salary increases in the coming months, 13.4 percentage points less compared to a previous survey conducted earlier this year, but 4.3 points more than in the corresponding period of last year, according to a report by Work Sevice. “The majority of em...

Government support still at 42% – Kantar Public

Government disapproval increased to 46 percent from 44 percent last month, according to the poll conducted by Kantar Public. However, as many as 42 percent of the respondents believe that the government is doing a good job. The number of supporters remained unchanged in comparison to the previous mo...

Dr.Finance will buy back 150,000 shares

Dr.Finance intends to buy back 150,000 of its own shares, which is 4.02 percent, the company said in a statement. According to the program, the purchase price cannot be lower than the nominal price of the shares, i.e PLN 0.20, and higher than PLN 1.50

mBank sold unsecured bonds worth €500 mln

mBank ended the subscription for  €500 million unsecured bonds. The reduction rate was 24.32 percent, the bank announced in the statement. The subscription was for 500,000 bonds. mBank plans to introduce them to trading on a regulated market in Luxembourg.

Budget deficit at PLN 0.86 bln at end July – MF

Government budget deficit at the end of July stood at PLN 0.86 billion, i.e. 2.1 percent of the annual plan, the Ministry of Finance estimated. The plan for the whole year is PLN 41.49 billion. At the end of June PLN 9.54 billion surplus was recorded.

About 90% of entrepreneurs don’t get payments on time

The percentage of companies facing the problem of unpaid invoices rose to 16.2 percent  (from 13.5 percent). The number of companies, which don’t experience this problem at all, fell to 11.3 percent from 15.1 percent, according to the research of KRD Economic Information Bureau.  As a result, ...

Arctic Paper plans to sell plant in Mochenwangen in H2

Paper producer Arctic Paper plans to sell the plant in Mochenwangen, Germany in the second half of 2018, CEO Per Skoglund. He confirmed that the company is holding negotiations with a potential buyer. Arctic Paper expects that the funds obtained from the sale will, first of all, cover the liabilitie...

Torpol prelim. H1 net loss at PLN 5.9 mln

Railroad construction company Torpol reported a preliminary consolidated net loss of PLN 5.9 million in H1 versus a loss of PLN 11.2 million y/y. Revenue grew to PLN 545.6 million from PLN 212.9 million in H1 2017.

LiveChat Software with PLN 14.2 mln net profit in Q1

LiveChat Software reported PLN 14.2 million net profit in Q1 2018/2019 versus PLN 11.1 million a year ago. Operating profit amounted to PLN 17.6 million compared to PLN 13.7 million. Revenue grew to PLN 25.5 million from PLN 21.6 million y/y.

LPP leases space at Gdańsk’s Opera Office

Fashion retailer LPP – the owner of such brands as Reserved, Cropp, House and Mohito – has leased almost 2,400 sqm at the Opera Office building in Gdańsk. The transaction was brokered by JLL, the exclusive leasing agent of the property. Completed in 2012, Opera Office comprises a total of 8,200 sqm ...