Locked content Biomed Lublin to finalize new factory project by the end of 2018

Pharmaceutical company Biomed Lublin wants to complete financing for its new factory, which is valued at PLN 150 million, by the end of this year, company President Marcin Piróg has informed. “We are working on financing the project of the new factory, and we want to finish these issues by the...

Locked content Top Secret to open 20 stores per year

Clothing brand Top Secret – a subsidiary of Redan – plans to expand its sales network at a rate of 2,000-3,500 sqm annually, i.e. about 20 stores a year, according to a statement from the company chairman, Grzegorz Lipnicki. “We have carried out analysis and in the next three years...

Locked content Ursus with preliminary PLN 4 mln net loss in 2017

Polish agricultural machinery manufacturer Ursus recorded a PLN 4 million loss on revenue of PLN 259 million in 2017, the company has announced presenting its preliminary data. “Net loss in 2017 amounted to PLN 4 million compared to a net profit of PLN 5 million in the same period of the previ...

Locked content BZ WBK net profit at PLN 438.73 mln in Q1 2018

Bank Zachodni WBK recorded a consolidated net profit of PLN 438.73 million in the first quarter of 2018 compared to PLN 453.04 million profit a year earlier, the bank reported. The total income of the BZ WBK capital group for the first quarter of 2018 amounted to PLN 2,002.3 million and was higher b...

Locked content Trading on WSE fell in March by 24.3% y/y to PLN 19 bln

The total value of share trading on the main Warsaw Stock Exchange (WSE) market in March 2018 amounted to PLN 19 billion, or 24.3 percent less than in the same period a year earlier, the stock market announced in a statement. The value of trading in shares as part of the order book fell by 25.3̷...

Locked content Azoty Group net profit in 2017 at PLN 489 mln

Azoty Group net profit in 2017 was, according to the company’s estimates, PLN 489 million, and revenues reached PLN 9.617 billion, the company announced in a statement. The Azoty Group reported that EBITDA amounting to PLN 1.187 billion, while profit for non-recurring items amounted to PLN 1.2...

Locked content No commercial hunting for bison

The director of State Forests, Andrzej Konieczny, has recommended that forest inspectorates caring for bison in the Podlasie region should stop offering commercial hunts for bison, which was previously allowed in two forest districts in Podlasie (in the Knyszyńska Forest and the Borecka Forest). Kon...

Locked content Polish Chamber of Commerce established in Washington, DC

Prime Minister Mateusz Morawiecki and US ambassador to Poland Paul W. Jones today announced the establishment of the Polish Chamber of Commerce in Washington, DC. According to the Prime Minister, the establishment of the Chamber testifies to the strengthening of Polish-American relations. According ...