Locked content Budimex with a PLN 117 mln deal in Gdańsk

Budimex has won the tender for a road construction contract worth PLN 116.79 million (net) organized by the city of Gdańsk, the company informed. The work should be completed by July 31, 2019. Budimex has been listed on the WSE since 1995. Its strategic investor is Spanish Ferrovial. In 2016, Budime...

Locked content PKO’s ZenCard eneters Finnish market with its fintech service

ZenCard, part of PKO BP, will launch its transactional marketing service on the Finnish market, in cooperation with Finland’s largest financial institution, OP Financial Group, an association of 180 banks, PKO stated. ZenCard emerged as one of four winners in the OP Smart Commerce competition organi...

GDP growth at 4.3% y/y in Q3 – IPAG

GDP growth stood at 4.3 percent y/y in Q3, and will reach 4.1 percent y/y for the entire year 2017, according to the estimations presented by the Institute for Economic Forecasts and Analysis (IPAG). In 2018 GDP will grow at an estimated level of 3.9 percent y/y, the institute stated.

Locked content Orlen introduces its own brand of products

Oil giant PKN Orlen will introduce own-brand products at its gas stations, the company stated. The first product introduced is bottled water “O!” The idea for an own-brand follows the introduction of Orlen’s own convenience stores at its gas stations, called O!Shop. The own-brand line will offer jui...

EC: Poland’s economic sentiment indicator at 105.4 points

The Economic Sentiment Indicator in Poland stood at 105.4 points in October, remaining unchanged compared to the reading from the previous months, European Commission stated. Sentiment indicator for industry was -6.6 points compared to -7 points last month, and for the services sector it also increa...

Locked content Security market worth with 13 percent growth in 2017 – Deloitte

Security services market will reach a value of PLN 10.12 billion in 2017, marking a 13 percent increase y/y. It will then continue to grow at approx. 3 percent annually to a value of PLN 11.4 billion in 2021, according to a Deloitte report. In 2014, the market for security and cash-handling services...
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Polish cosmetics market worth PLN 16 bln – Deloitte

The Polish cosmetics market was worth PLN 16 billion in 2016, while in 2002 its value stood at PLN 9 billion. Over the past 15 years the market grew by 78 percent nominally and by 32 percent in real terms, which translates into 2 percent growth a year, according to a report prepared by advisory Deli...

Locked content Projprzem with a PLN 27 mln deal for Luvena

Consortium led by Projprzem Budownictwo, a subsidiary of WSE-listed Projprzem, has signed a contract with Luvena for the construction of a warehouse in Luboń, the company stated. The value of the deal is PLN 26.9 million (without VAT). WSE-listed since 1999, Projprzem provides docking solutions, ind...