Locked content Konsorcjum Stali plans no dividend for 2018 and 2019

WSE-listed steel producer Konsorcjum Stali does not intend to pay dividends for 2018 and 2019. Management Board plans to propose General Meeting to allocate all profits from 2018 and 2019 to supplementary capital, the company said on Friday. “The adoption of this policy will enable further exp...

Locked content Coal prices for power industry down 1.2% in Sept.

In September the price of hard coal for the power industry fell by over 1.2 percent m/m, and the price of coal for heating increased by more than 2.6 percent in comparison to August, price indices published by the Industrial Development Agency (ARP)indicate. The data shows that in September 2018 dom...

Locked content LiveChat with 230 new B2B clients in October

The number of LiveChat’s clients increased by 230 net in October, the company said.  25,628 clients were using the paid version of LiveChat’s software as of November 1, which is an increase of 15.3 percent on an annual basis. LiveChat is a software producer, whose products allow online retailers to ...

Pbb refinances Warsaw office buildings

Lender pbb Deutsche Pfandbriefbank has provided a €27-million loan to companies managed (on behalf of a German institutional investor) by GLL Real Estate Partners, which will be used to refinance the Griffin House and Liberty Corner office buildings in Warsaw. Both properties are located in the cent...

Poland’s warehouse stock exceeds 15 mln sqm in Q3

Over 683,000 sqm of warehouse space was completed in Poland in the third quarter of this year, which brought the country’s total existing stock to more than 15 million sqm, according to a recent report by Colliers International. This means that over the last five years, the stock doubled, the study ...

Locked content Piotr Sobiś leaves CEO post at GLG Pharma

Piotr Sobiś filed a resignation from GLG Pharma CEO post effective at the end of October, the company said.  Sobiś explained his resignation by lack of prospects in resolving the dispute around the bill received by the company in June. At the same time, Sobiś declared willingness to continue coopera...

Locked content Polish exports decline is due to slowdown in global trade

In the October Purchase Management Index (PMI) there is a notable decline in orders for Polish exports, which results from the slowdown in global trade observed in recent months, the economists said. The research company Markit wrote on Friday that in October PMI index for Poland was at 50.4 points ...

Stress test show high resistance of Polish banks

European Banking Authority (EBA) stress tests showed high resilience of Polish banks in case of a theoretical macroeconomic shock, Financial Supervision Authority (KNF) reported. This year’s EBA research was conducted on a sample of 48 European banks, covering a total of about 70 percent banki...