Locked content Mostostal Warszawa in consortium wins PLN 77.9 mln deal

WSE-listed builder Mostostal Warszawa in consortium with Masfalt and Drogomex signed an agreement with the General Directorate for National Roads and Motorways (GDDKiA). The deal is worth PLN 77.9 million gross. Mostostal Warszawa share amounts to 71 percent. Under the agreement, the works for const...

Locked content June crude steel production down by 1.6% y/y

The production of crude steel in Poland in June 2018 amounted to 840,000 tonnes, which means a decrease of 1.6 percent year-on-year, according to the results gathered from data of the World Steel Association. In H1 the production amounted to 5.2 million tonnes, which is 1.9 percent more in compariso...

Locked content Nano Games hopes to debut on NewConnect in mid-2019

Game development studio Nano Games hopes to debut on NewConnect at the turn of Q2 and Q3 2019. “An issue of shares for financing the construction of an R&D center, the development of a gaming and professional line (simulators) and the creation of new brands will precede the debut,” t...

Locked content Grupa Azoty enters 2nd credit agreement with EBRD

Chemical and fertilizer producer Grupa Azoty and European Bank for Reconstruction and Development (EBRD) signed a new long-term loan agreement and an annex to the long-term loan agreement from May 28, 2015, the company said. The second credit agreement with EBRD is for up to PLN 500 million and for ...

Housing loans to reach PLN 56 bln in 2018 – BIK

According to data gathered by the credit information bureau BIK, the demand for housing loans in the Polish banking sector increased by 6.1 percent y/y in June. Banks granted 19,500 new housing loans in June at the total amount of PLN 4.93 billion (which is up by 15.7 percent y/y in terms of value).

Locked content 45 Polish tourists return from Greece

25 ITAKA tourists and 20 Grecos clients returned to Poland from their holiday in Greece. 403 tourists still remain in the region of Attica’s fire-risk area, said spokeswoman of the Polish Chamber of Tourism (PIT) Ewa Kubaczyk on Wednesday afternoon. Kubaczyk also stressed that there are severa...

Locked content Lotos with PLN 1.08 bln EBITDA for Q2

Fuel giant Grupa Lotos posted preliminary EBITDA for Q2 at PLN 1.08 billion and consolidated operating profit (EBIT) at PLN 0.89 billion. The company’s consolidated EBITDA LIFO excluding one-off items is estimated at PLN 0.82 billion, including PLN 0.58 billion for production and retail and PLN 0.24...

Locked content Artifex Mundi to release Irony Curtain in early 2019

WSE-listed Artifex Mundi started the promotion campaign of Irony Curtain: From Matryoshka with Love, which will be released on PC, PlayStation 4, Xbox One and Nintendo Switch platforms in early 2019, the company said. The game is a satirical adventure game that presents a western journalist who visi...

Locked content PGNiG sold 15.3 bln cubic meters of natural gas in H1

State-owned natural gas provider PGNiG sold an estimated 15.3 billion cubic meters of natural gas in H1 2018, compared to 14.17 billion cubic meters in H1 2017, the company stated. In Q2 sales amounted to an estimated 5.44 billion cubic meters compared to 5.3 billion cubic meters in the previous yea...

Locked content Atal puts more units on sale

Warsaw Stock Exchange-listed developer Atal has launched apartment sales in the second phase of its Atal Kliny Zacisze residential project in Kraków. On offer are a total of 62 housing units and four service units in one building, which is scheduled to be completed in the second quarter of 2020. As ...