Fitch sees GDP growth in Poland at 4.8% in 2018

Fitch Ratings predicts the economic growth in Poland will reach 4.8 percent in 2018, and then it will slow down to 3.6 percent in 2019 and even further to 2.9 percent in 2020. The agency also predicts that investment growth will amount to 5.6 percent this year, 2.8 percent in 2019 and 0.6 percent in...

Locked content Tesgas signs 2 deals with Gaz-System at PLN 8.2 mln net

Tesgas signed two agreements with Gaz-System for a total value of PLN 8.2 million net. The contracts were signed for construction works as part of the reconstruction of the DN500 gas pipeline Adamów (Turek) – Nowiny Brdowskie, the company said. Tesgas deals with the construction, operation, de...

Locked content Unified Factory signs deal with Nextbike Polska

Listed on the small-cap, alternative NewConnect market sales software developer Unified Factory has signed an agreement with Nextbike Polska regarding the implementation of the CSA platform, the company said on Friday. “Implementation of the contact center system using multi-channel communicat...

Locked content Government support rises to 44% – Kantar Public

As many as 44 percent of the respondents believe that the government is doing a good job, while 41 percent think otherwise, according to a poll conducted by Kantar Public. The supporters number increased by 2 percentage points m/m, while the number of opponents dropped by 5 percentage points. PM Mat...

Economic climate improves in Q3 – IRG SGH

The economic climate index calculated by the Research Institute for Economic Development of the Warsaw School of Economics (IRG SGH) increased by 6.2 points year-on-year and amounted 3.2 points in Q3. 21.9 percent of the surveyed enterprises considered the general condition of their company as good,...

Locked content Santander Bank Polska issues €500 mln eurobonds

Santander Bank Polska issued eurobonds with a nominal value of €500 million, the bank informed in a statement on Thursday. The bonds will be traded with a fixed coupon of 0.7500 percent paid annually. Santander Bank Polska (then BZ WBK) announced a eurobond program in May, under which the total nomi...

Locked content ING plans to reach 3,500 stores with payment gateway

WSE-listed lender ING Bank Śląski has introduced Internet payments called “imoje” together with late payment by Twisto. It plans to make it available in 3,500 online stores during the period of one and a half year, the bank stated on Wednesday. Along with the payment gateway, ING introdu...

Locked content Zortrax will deliver 3D printers to French Faurecia

3D printer manufacturer Zortrax will deliver 3D printers to the French car equipment manufacturerFaurecia, the company said. The first Zortrax devices were shipped to the French concern already at the end of 2017. Both companies count on the development of cooperation in the coming months, according...

Locked content Comp signs deal worth PLN 56.29 mln

Comp in a consortium with its subsidiary Enigma Systemy Ochrony Informacji signed an agreement worth PLN 56.29 million with the State Treasury – the Information Resource Center (Centrum Zasobów Informatycznych) for the expansion of the cryptographic system – the company said in a press r...

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...