Locked content WSE to lower transaction fees

Starting November 1, the Warsaw Stock Exchange (WSE) will charge its members lower fees. The changes apply to transactions in shares and stock data on the main market and NewConnect. The fixed fee rate per order will be reduced to PLN 0.15 from PLN 0.20. “The level of transaction fees is one of the ...

Agreement reached on CETA: Belgian PM

Representatives of the Belgian federal government and the regions have agreed on the contentious points that prevented Belgium’s approval of the CETA free trade agreement between the European Union and Canada, Belgian Prime Minister Charles Michel announced on Thursday.

Kraków leads office market among regional cities – PORF

Poland’s second-largest city, Kraków, leads in several indicators in the office market, according to Q3 figures published by the Polish Office Research Forum. PORF analyzed the office market in eight major regional cities in Poland: Kraków, Wrocław, the Tri-City, Katowice, Poznań, Łódź, Szczec...

Locked content Orbis net profit rises to PLN 80 mln in Q3

The Orbis Hotel Group recorded a consolidated net profit of PLN 80.05 million in Q3 of 2016, up from PLN 75.8 million a year earlier, the company announced. The operational profit amounted to PLN 104.82 million versus PLN 95.33 million a year before, while consolidated sales revenues stood at PLN 39...

Locked content Support for Szydło government grows in October – CBOS

Support for Prime Minister Beata Szydło’s government grew to 36 percent in October (up 2 percent from September), while opposition fell slightly to 32 percent (down 1 percent) and 29 percent expressed indifference, CBOS informed. The September cabinet reshuffle – the resignation of the Ministe...

Locked content Lotos net profit at PLN 379.93 in Q3

The Lotos Group recorded a consolidated net profit of PLN 379.93 million in Q3 of 2016, compared to a net loss of PLN 249.19 million over the same period in 2015, the company informed. The operational profit stood at PLN 431.68 million versus PLN 93.56 million a year before. Consolidated sales reven...

Locked content Amazon to open fourth logistics center in Poland

Amazon will build a new logistics center in Kołbaskowo (Western Pomerania), the American online retail giant announced on Thursday. This will be Amazon’s fourth center in Poland and will employ 1,000 people. Completion of the investment is planned for August 2017. Its value is estimated at ove...

Locked content PGZ signs agreement with Saab on navy ships

The Polish Armaments Group (PGZ) has signed an agreement with the Swedish company Saab to cooperate on the construction of new ships for the Polish Navy, representatives of the two companies announced. The document envisages cooperation in the development and delivery of submarines and surface ships...

Locked content MLP Group signs contract with Makro for two new warehouses

MLP Group has signed a new contract with the Makro Cash & Carry Poland chain for the construction of two warehouse facilities in Czeladź and a site near Wrocław, with a total area of 17,200 sqm, the company announced. The handover of the warehouses is scheduled for the first half of 2017. “Under...