Locked content BM Reflex doesn’t expect fuel prices growth

Fuel prices are not expected to increase this week as the situation on domestic wholesale fuel market is stable, BM Reflex analysts estimated. Both gasoline and diesel prices rose by symbolic PLN 0.01 on a weekly basis to an average of 5.12 PLN per liter and PLN 5.05 per liter respectively. LPG pric...

Locked content PLN 324,000 fines applied for trade ban breach

After the Sunday trade ban came into force National Labour Inspectorate controlled over 9,900 stores, which were open during non-trading days. 8.5 percent of stores breached the ban, the inspection concluded. The control was carried out from March 11 until September 12. Inspectorate applied 295 fine...

Locked content Aplisens registers unit in Turkey

Aplisens registered a subsidiary Aplisens Eurasia Elektrik Elektronik Limited Sirketi in Turkey. The share capital of the unit is TRY 440,000, which corresponds to PLN 256,100. Aplisens holds a 51 percent stake in the company, while the remaining 49 percent belong to a Turkish citizen, who will be g...

Locked content Protektor: price offered by Luma Holding is not fair

Protektor evaluated that price proposed in the tender offer by Luma Holding does not reflect the fair value of the shares. At the same time, Protektor board said that the offered price of PLN 4.2 per share complies with the minimum price requirements by law. At the beginning of September, Luma Holdi...

Locked content Retail sales up 9% in August – GUS

In August retail sales grew by 9.0 percent on the annual basis and by 0.9 percent on the monthly basis, according to Polish Central Statistical Office (GUS). Market consensus prepared by the Polish Press Agency (PAP) saw the sales increase of 8.5 percent y/y and of 1.2 percent m/m. In real terms, Po...

Locked content Getin Holding with Q2 net loss of PLN 191.6 mln

Getin Holding recorded consolidated net loss attributable to shareholders of PLN 191.6 million in Q2 versus a profit of PLN 46.8 million a year ago. Net interest income fell to PLN 227.4 million from PLN 281.7 million in Q2 2017. In H1 the bank had net loss attributable to shareholders of PLN 161.4 ...

More Ronson apartments on offer in Warsaw

Warsaw Stock Exchange-listed developer Ronson Development has launched sales of apartments in the fifth and final phase of its City Link residential project in the Polish capital. On offer are 107 new units that are scheduled to be completed in the final quarter of next year. The City Link scheme is...