Dassault stays at Kapelanka 42B in Kraków

Software producer Dassault Systèmes has renewed its lease agreement for 2,500 sqm at the Kapelanka 42B office building in Kraków, which is owned by a fund managed by REINO Partners. JLL advised the tenant – who has been occupying space at the property since 2014 – during the process of re-nego...

NBP reserves grow in December

Poland’s Central Bank’s (NBP) reserves stood at €102.26 billion at end-December and were some €2.1 billion higher than the month before, according to the NBP’s official reserve data. Reserves denominated in USD have increased by $3.1 billion to $116.96 billion. The PLN-denominated reserves sto...

KIR cleared 1.84 bln transactions worth PLN 5.26T in 2018

Krajowa Izba Rozliczeniowa (KIR), Poland’s automated clearing house (ACH), recorded 1.84 billion transactions, in total worth PLN 5.26 trillion last year. The number of transactions grew by 2.6 percent y/y, while their value increased by 10.5 percent.

Locked content PGE in talks to cofinance the Ostrołęka coal-powered block

WSE-listed and state-controlled power utility PGE has launched talks with its peers Energa and Enea to be involved in the construction of a new, coal-fired power block in the Ostrołęka powerplant, the company said in a market filing. Enea and Energa each have 50 percent in the SPV running the projec...

Locked content JSW with PLN 760 mln financing deals

WSE-listed, state-run coal producer JSW has signed a term sheet with a group of banks for 7-year financing worth PLN 460 million and PLN-denominated equivalent of $81 million (PLN 303 million), the company said in a market filing. The banks providing the financing include: PKO BP, Pekao, BGK, ICBC E...

Locked content Gornje to be delisted on January 11

The shares of the Slovenian white goods producer Gorenje will cease to be traded on the Warsaw Stock Exchange on January 11, the bourse announced after the Financial Supervision Authority KNF approved the company’s motion to be delisted. The company’s new owners Chinese Hisense has acquired enough s...

Locked content Introl with PLN 8 mln buyback program

Shareholders of WSE-listed Introl have voted to buy back the company’s shares for a maximum amount of PLN 8 million until end-2021. “On the basis of the authorization contained in this resolution, the shares will be purchased for an amount not exceeding PLN 8,000,000. The funds for the acquisition o...

Locked content Lotos with another US oil delivery deal

WSE-listed, state-owned fuel giant Lotos signed a deal for at least seven deliveries of US crude oil, the company announced. The oil will be delivered to the Naftoport Oil Terminal in Gdańsk. The deal comes as part of Lotos’s pursuit of a strategic goal to diversify oil supplies, the company s...