Locked content AB Group posts net profit of PLN 60.95 mln in 2017/2018

The AB Group has recorded PLN 60.95 million of consolidated net profit in the financial year 2017/2018 (i.e., from 1 July 2017 to 30 June 2018), compared to PLN 67.85 million a year earlier, the company said in a report. Operating profit amounted to PLN 98.03 million compared to PLN 101.75 million p...

Locked content PLN 888.5 mln paid as part of ‘Good start’ program so far ...

Local governments have already paid out PLN 888.5 million under the “Good Start” program up to September 7, said the Ministry of Family, Labor and Social Policy (MRPiPS). More than 2.96 million children have received support from the government program. Parents submitted more than 2.94 m...

Rockbridge TFI to dissolve two funds

Rockbridge TFI General Assembly has adopted resolutions on the dissolution of Rockbridge FIZ Bezpieczna Inwestycja 1 and Rockbridge FIZ Safe Investment 3 funds, the company has reported.

PKO BP launches motor insurance offer

PKO Bank Polski has commenced the sale of motor insurance in 400 bank branches, and from October it will be available in all branches. In the first quarter of 2019, the bank will make the purchase of insurance available in the IKO mobile application and the iPKO transaction service.

Government accepts project to raise minimum wage to PLN 2,250

The Council of Ministers has adopted a regulation on the minimum wage and minimum hourly rate for 2019, under which the minimum remuneration for work will amount to PLN 2,250 (in 2018 it is PLN 2,100, which means an increase of 7.1 percent), the Government Information Center (CIR) reported.

Solar revenues up to PLN 11.7 mln in August

Womenswear retailer Solar achieved consolidated non-audited sales revenues of PLN 11.7 million in August this year, the company said. Earlier, the company reported that in August 2017 its consolidated revenues amounted to PLN 11.5 million.

Rawlplug to purchase up to 2.73 mln of own shares

Shareholders of Rawlplug have decided to purchase up to 2.73 million of the company’s own shares for redemption or further resale, the company said in a statement. Reserve capital for the purchase of shares was increased to PLN 30 million from the earlier amount of PLN 21.6 million.