Author Archives: Poland AM

Locked content PwC revenues in Poland up by 17% y/y 

October 2, 2018 Poland AM
PwC has increased its revenues in Poland by 17 percent y/y for the fiscal year ending June 30, 2018, the company said. As one of the “Big Four” auditors, PwC’s total global revenues for the financial year ending June 30, 2018 amounted to $41.3 billion, an increase of 10 percent y/y. The larges...

Locked content Andrzej Sapkowski claims PLN 60 mln in royalties from CD Projekt

October 2, 2018 Poland AM
Andrzej Sapkowski, the author of The Witcher series of novels, has claimed that CD Projekt Red, the makers of The Witcher series of video games, owes him more than PLN 60 million in royalties. CD Projekt refutes the claims. The author claims that the agreement he signed with CD Projekt Red infringes...

Locked content PKN Orlen finalizes takeover of Unipetrol 

October 2, 2018 Poland AM
PKN Orlen has finalized the purchase of 100 percent of the shares in Czech Unipetrol. “The aim of all integration processes is to create an entity that will operate much more efficiently as a whole and which will strengthen its position in a competitive market,” said PKN Orlen CEO Daniel Obajtek. Th...

Locked content Soho Development to buy 7.34 mln of own shares

September 25, 2018 Poland AM
Soho Development will purchase 7,339,449 of its own shares for almost PLN 24 million. Purchase offers were submitted for purchase covering a total of 35,245,764 shares, the company said in a statement. The expected allocation rate will be around 20.8 percent. In mid-September, the company announced ...

Locked content Government adopts bill to facilitate sale of farm foods

September 25, 2018 Poland AM
The Council of Ministers has adopted a bill amending certain laws to facilitate the sale of food by farmers to stores and restaurants, submitted by the minister of agriculture and rural development. The project creates tax incentives for agricultural producers that receive additional revenues from p...

Locked content Agora to invest €4.4 million in Czech company ROI Hunter

September 25, 2018 Poland AM
Agora will invest a total of €4.4 million in the Czech company ROI Hunter, a provider of marketing solutions for e-commerce. Through an investment divided into two rounds of financing, Agora intends to increase its presence in the MarTech segment, the company said. The investment in ROI Hunter is th...