Locked content Pragma Inkaso expects better results in H2

Pragma Inkaso believes that the group will reach “significantly better results” in H2, the company’s management board stated in a letter to its shareholders. Pragma Inkaso reported revenue of PLN 23.0 million in H1, a 27 percent increase y/y. The group’s operating profit incr...

Locked content Copernicus TFI funds up stake in Skarbiec to 9.64%

Funds managed by Copernicus TFI increased their ownership in Skarbiec Holding to 9.64 percent, Skarbiec informed in a statement. Before the transaction, the funds had 4.64 percent shares in Skarbiec. The purchase of 4.99 percent Skarbiec shares was executed by TFI Real Estate Investment FIZAN, which...

Locked content Altus TFI will close 6 funds

Altus TFI asset manager decided to liquidate six subfunds. As of September 5, the net asset value of the funds amounted to PLN 128.7 million. The total value of net revenue from these funds amounted to PLN 2.1 million in H1 and accounted for 3 percent of total revenue, Altus TFI said. Equity, Polish...

Locked content E-petrol sees gasoline at PLN 5.08-5.18 per liter

In the next days, gasoline prices may fall by PLN 0.02-0.03 per liter, while diesel prices will remain stable, BM Reflex analysts estimated judging from wholesale prices. However,  according to the e-petrol portal fuel prices at Polish stations may grow in the coming days mainly due to low margins o...

Locked content Kruk plans to finish strategic options review in 2018

Debt collector Kruk expects to complete the review of strategic options by the end of 2018, the company informed. In H1 Kruk invested PLN 407 million in debt portfolios and plans to increase acquisitions in Poland and abroad in the second half of the year. In Q2 Kruk recorded a consolidated net prof...

Locked content PLN 50.6 bln on budgetary accounts at end of Aug. – MF

Ministry of Finance recorded PLN 50.6 billion on budgetary accounts compared to PLN 46.5 billion at the end of July.  The Ministry also reported that at the end of August gross borrowing demand stood at 68 percent of PLN 181.7 billion planned in this year’s budget. At the end of August, the le...

Locked content Chopin Airport served 12 mln passengers in Jan.-Aug.

Warsaw Chopin Airport transported around 12 million passengers in January-August. This is 14 percent more compared to the same period last year, the airport reported. Almost 11 million passengers used international routes. In August Chopin Airport served 1.9 million passengers, 12.4 percent more com...

Locked content MPiT sees export at €219 bln in 2018

In 2018 export of Polish goods is seen to grow by about 6 to nearly €219 billion, while import should increase by about 7.5 percent to approximately €221.5 billion. The deficit in trade of goods is seen at about €2.5 billion, Ministry of Enterprise and Technology said. In the middle of August Polish...

Locked content WP sees e-commerce revenue at 75% of total

Wirtualna Polska (WP) expects that revenue from e-commerce segment will increase to 75 percent of total revenue compared to 58 percent currently, CEO Jacek Świderski said. He also informed that until the end of 2018 Wirtualna Polska may buy an e-commerce company operating in the Central and Eastern ...