Locked content Legia with a lucky draw

Polish football champions Legia Warszawa, has been drawn in group L of the Europa League along with Ukrainian Metalist Kharkov, Turkish Trabzonspor and Belgian Lokeren. Legia is the sole Polish club that advanced into group stage of this year’s European club competition, defeating Kazakh FK Ak...

Kopacz to replace Tusk as PM?

Speaker of the lower house (Sejm) of the Polish parliament, Ewa Kopacz, put forward her candidacy to replace Donald Tusk as the Prime Minister if he is elected as the new EU Council head. “When one enters politics, any post that helps Poland is possible. If the situation requires it, I would be able...

Locked content Budimex performs well in H1

Budimex, a property developer, recorded PLN 86.91 million of consolidated net profit attributable to equity holders in H1, compared to PLN 67.80 million a year before, the company reports. The operational profit of PLN 109.99 million was higher than the PLN 88.63 million recorded a year before. Cons...

Locked content BPH Bank with lower results y/y

BPH Bank noted PLN 33.52 million consolidated net profit in Q2 2014. Last year result was higher, with PLN 44.55 million profit, bank reported. Lender’s revenue from interest was PLN 231.42 million, in comparison to PLN 244.12 million a year before. The result of the fee and commission income ...

GDP grows in Q2

Polish economy grows, but slightly slower than in Q1, Central Statistical Office (GUS) reports. According to Q2 results, GDP grew by 3.3 percent. This result is better than 3.2 percent predictions. Seasonally adjusted GDP rose by 0.6 percent in comparison with Q1.

Locked content Power bourse wants to recycle electrical waste

Polish Power Exchange, a company owned by the Warsaw Stock Exchange, wants to change the process of utilizing electrowaste, Puls Biznesu reports. Poland has to meet the EU goal of utilizing 35 percent of its electrowaste by 2016. Current statistics suggest that this level has already been achieved t...

Locked content Asseco Poland fares better than expected

IT group Asseco Poland’s net profit in Q2 of 2014 was PLN 86.5 million, 9 percent better than market consensus. In the second quarter of 2014 Asseco Poland group had PLN 150.2 million operating profit. EBIT confirmed the consensus, analysts had expected a PLN 150.4 million profit. The company&...