Locked content Comarch opens office in Tokyo

IT giant Comarch has decided to launch a new office in Tokyo. The company wants to drive up more revenue from its Asian operations. In 2016, it recorded PLN 47 million in revenue from Asia. Comarch already has offices in Malesia and Shanghai and data centers in Kuala Lumpur, Singapore and Shanghai. ...

Locked content Sea ports with 7% increase in cargo in H1 2017

Sea ports Szczecin and Świnoujście have recorded a 7 percent increase in cargo volume in the first six months of the year, compared to the corresponding period of 2016, the press office of the sea ports informed. The volume of oil and gas cargo increased by as much as 90 percent, mainly due to the&#...

Locked content HealthTech Braster raises PLN 40 mln through IPO

HealthTech company Braster has sold all of the 3 million shares offered in its IPO for a total of PLN 40.5 million, the company stated. The funds will be spent on international expansion and developing the firm’s telemedicine solutions. The maximum price for Braster’s shares was set at PLN 16.5, how...

Locked content Telecom Orange Polska buys energy company for PLN 37 mln

Orange Polska has signed a conditional agreement with Tokida Investments to purchase 100 percent of shares of Multimedia Polska Energia, Orange said in a statement. The value of the transaction stands at approx. PLN 37 million and will be adjusted based on the share capital and cash reserves as at t...

Locked content PGNiG: Gas sales volume was estimated at 5.63 billion m3 in Q2

Gas producer PGNiG recorded estimated sales volume of natural gas of 14.49 billion cubic meters in the first half of 2017 compared to 12.68 billion cubic meters recorded in the first half of 2016, PGNiG said. Just in Q2 , sales were estimated at 5.63 billion cubic meters compared to 4.71 billion cub...

Locked content Kernel Holding increases grain sales by 14.8% y/y

Kernel Holding increased its grain sales by 14.8 percent year-on-year to 5.06 million tons in H1 of the fiscal year 2016/2017 (concluded on June 30, 2017). The sales of bulk oil increased by 10.1 percent y/y (1.08 million tons). The sales of bottled oil increased by 40.3 percent y/y (131.4 million l...

Locked content Briju with estimated PLN 50.6 million revenue in H1 2017

The estimated value of revenue from sales generated by the Briju group in the period from January to June 2017 amounted to PLN 50.6 million and was 85.6 percent lower year-on-year, the company said. In the jewelry segment the estimated revenue stood at PLN 5.4 million in June 2017 and was 58.8 perce...
KPRM/flickr

Sejm passes controversial judiciary system overhaul

Amidst controversy, the Sejm has passed the vote on judiciary reforms, with 235 votes in favor, 192 against and 23 abstentions. The new law will allow for the immediate forced retirement of all Supreme Court judges and their president, whose term is set in the constitution. It will also create three...

Future of HealthTech

WBJ talked to Dr. Zsuzsanna Varga, global program manager Grants4apps at Bayer and Bogusław Tobiasz, head of IT for CEE at Bayer about the potential of healthtech start-ups in CEE and Europe