Locked content WIG 20 shows “loose” signs of bear market

Thursday’s session on the Warsaw Stock Exchange brought strong declines in WIG, WIG 20 and mWIG 40. After 14 consecutive sessions in a row, sWIG 80 ended with a slight increase. In the broad market, among others, Mabion and PlayWay showed growth. WIG 20 lost 2.1 percent at Thursday closing and...

Locked content Poland may reach 24 mln sqm office space in 2028 – Savills

There are already 10 million sqm of modern office space in Poland,  Savills consulting company said. By 2028, total office resources may expand to up to 24 million sqm, according to the real estate advisory. “If we maintain today’s dynamics within the next 10 years, our office market in ...

Locked content ML System debuts on WSE on June 28

ML System debuts on the main market of the Warsaw Stock Exchange on June 28, the company said. Earlier, ML System informed that it placed all shares under the new C series issue. It obtained PLN 34.6 million from the issue, which it will allocate to expand the product offer and technological develop...

Locked content Vabun debuts on NewConnect on June 28

Vabun debuts on the small-cap, alternative NewConnect market on Thursday, June 28. Vabun will be a 403rd company listed on NewConnect and the 8th debut on this market in 2018. The reference price is PLN 1.86. The debut was preceded by a subscription for new F series and G series shares with a total ...

Locked content Lux Med Trójmiasto applies for delisting

Lux Med Trójmiasto (previously Swissmed Prywatny Serwis Medyczny) filed an application for delisting of its shares from the alternative market NewConnect – the company said in a statement. At the beginning of June, Lux Med announced the compulsory purchase of 508,968 shares in SwissmedPrywatny...

Locked content Quantum Software will pay PLN 2.22/shr dividend for 2017

Quantum Software shareholders decided at General Meeting to allocate PLN 2.92 million to the dividend for 2017 – the company said in a statement. The total amount corresponds to PLN 2.22 per share. The record date is on August 16. The dividend will be paid on August 30. Previously, Quantum Sof...

Locked content PM appoints Adam Abramowicz as SME’s spokesman

Prime Minister Mateusz Morawiecki appointed Adam Abramowicz as the spokesperson for Small and Medium-sized Entrepreneurs (SMEs) for a 6-year term, said the Ministry of Enterprise and Technology. Abramowicz was the chairman of the board of the Retailers’ Network “Nasze Sklepy”, whic...

Locked content Trump threatens to impose 20% duty on cars from EU

US President Donald Trump threatened on Friday to impose a 20-percent duty on cars imported from the European Union – according to Trump’s entry on Twitter. “Based on the Tariffs and Trade Barriers long placed on the U.S. & its great companies and workers by the European Union,...

Locked content CBA apprehends former CEO of GetBack

The former CEO of GetBack Konrad K. was detained by the anti-corruption bureau CBA regarding corruption charges, by order of the public prosecutor’s office in Warsaw. Ewa Bialik, the spokesman for the prosecutor’s office, said that the charges relate, among others, to committing fraud to...

Locked content Volkswagen plant in Września started to produce honey

At the Volkswagen Crafter plant in Września (Wielkopolskie), an apiary with 25 beehives was opened. Part of the 220-hectare area of the factory was taken over by the honey meadow. Honey will go to the factory canteen. Mikołaj Jóźwiak from Volkswagen Poznań (VWP) told PAP that the employees themselve...