Locked content Ambra sees growth of wine market at 6%

Wine producer Ambra expects wine market in Poland to grow at about 6 percent annually in the next years. In 2018/2019 Ambra wants to grow together with the market, CEO Robert Ogór said. According to the company representatives, in October Ambra plans to introduce a new brand of strong spirits to sti...

Locked content Forte H1 net profit down at PLN 7.62 mln

Furniture producer Forte had PLN 7.62 million of consolidated net profit attributable to shareholders in H1 2018 against PLN 45.63 million a year earlier, the company reported. H1 EBITDA amounted to PLN 58 million in comparison to PLN 70.48 million a year ago. Revenue reached PLN 553.54 million vers...

Locked content CPI inflation in September seen at 1.9% y/y – MPiT

Consumer price index (CPI) inflation in September is expected at 1.9 percent y/y and 0.2 percent m/m, the analysts of Ministry of Enterprise and Technology estimated in a comment to the Polish Central Statistical Office (GUS) data. On Thursday GUS reported that consumer inflation in August amounted ...

Locked content Herkules offers to buy Trinac Polska

Herkules finished due diligence process and offered to buy 100 percent stake in Trinac Polska. According to the offer document, Herkules proposed a price of €10 million. The payment was offered in two installments. The first installment of €9.5 million should be paid upon signing the purchase-sale a...

Locked content MF sells retail bonds for PLN 1.04 bln in August

The Ministry of Finance (MF) sold retail bonds worth PLN 1.04 billion in August compared to PLN 1.09 billion in July.  There were sold bonds for about PLN 7.9 billion during eight months of 2018. According to MF the three-month saving bonds were the most popular in August and accounted for 43 percen...

Locked content Enea Q2 net profit down at PLN 190.4 mln

Enea net profit attributable to shareholders fell to PLN 190.4 million in Q2 from PLN 285.9 million a year ago. Operating profit declined to PLN 294.1 million from PLN 399 million in Q2 2017. Revenue from net sales stood at PLN 6.04 billion. In Q2 the company generated almost 6.5 TWh of electricity,...

Locked content Umicore will invest in Poland PLN 1.38 bln

Belgian Umicore wants to invest PLN 1.38 billion in Poland. The group plans to build a factory in Nysa city, the Ministry of Enterprise and Technology said in a press release. The production should begin by the end of 2020. According to the plan, Umicore will hire more than 400 employees. As part of...

Atal and INApartments cooperating in Gdańsk

Warsaw Stock Exchange-listed developer Atal has appointed INApartments as the operator of its Atal Baltica Towers apartment hotel project in Gdańsk. The 13-floor scheme is being developed 800 meters from the Bay of Gdańsk and will comprise 134 units that are scheduled to be completed in the second h...

Panattoni signs Still for Poznań park

Still, a provider of warehouse handling equipment, has leased more than 6,600 sqm of warehouse and office space at the Panattoni Park Poznań VII logistics park in western Poland. Cushman & Wakefield represented the tenant in the lease negotiations. Located 12 kilometers from the center of Poznań...

Locked content Benefit Systems signs deal with Poczta Polska

Benefit Systems has signed an agreement with Poczta Polska. The group will provide access to sports and recreation services for Poczta Polska employees, their families and accompanying persons, Benefit Systems reported in a statement. The maximum remuneration of the company will amount to PLN 51.1 m...