Locked content AmRest estimates fourth quarter revenue of PLN 1.2 billion

  International fast-food and casual dining restaurant operator AmRest estimates that its sales revenue in the fourth quarter of 2016 amounted to PLN 1.213 billion, an increase of 32.2 percent y/y, the company said in a statement. “The dynamics of the Group’s sales in the fourth qua...

Locked content Two OEG subsidiaries file for bankruptcy

  Two subsidiaries of the Olympic Entertainment Group (OEG) – Bain and Silver Investments – have filed court applications for bankruptcy, OEG reported on Monday. OEG stresses that the submission of these applications represent “no additional direct impact” on the Group’s operations....

Locked content 14 cases of bird flu in Poland 

The Chief Veterinary Officer announced the 14th instance of avian influenza in wild birds in Poland on Monday. “The highly pathogenic avian influenza subtype H5N8 was confirmed in samples taken from a mallard duck. The dead bird was found in Wiskitki in the Mazowieckie voivodship,” the Chief Veterin...

Locked content UKE: Nearly 60% of mobile users use smartphones 

Almost 60 percent of mobile phone users use smartphones according to a consumer survey conducted by the Office of Electronic Communications (UKE) in 2016. “The most common telecommunication service is mobile phones, used by 87.5 percent of respondents. The second most popular service was the i...

MF sells bonds for PLN 10 billion

At two auctions on Monday, the Ministry of Finance sold government bonds for over PLN 10 billion. Investor interest was at more than twice the amount.

Locked content Torpol with the cheapest offer for Wroclaw-Poznan route

With a bid of PLN 485.8 million gross, Torpol has submitted the lowest offer in the tender for the modernization of the railway line between Wrocław and Poznań. The tender was run by PKP Polskich Linii Kolejowych (PKP PLK) and the completion date has been set at 34 months form the conclusion of the ...

Locked content Qumak signs contracts for two heliports 

IT and technology company Qumak has signed an agreement under which it will build helipads at emergency hospitals in Wolomin and Dzialdow. The total value of the contracts is more than PLN 1.6 million net the company said in a press release. The agreements include a comprehensive execution of helipo...