Locked content Poles spent PLN 386.5 mln on private health insurance in H1

Almost 2.3 million Poles had additional health insurance at the end of H1, 14 percent more compared to a year ago.  The total value of acquired private health insurance amounted to PLN 386.5 million, a 19 percent increase y/y, according to Polish Chamber of Insurance (PIU). PIU reported that only sl...

Locked content Apator sees annual EBITDA growth of 13% by 2023

Apator expects an average annual EBITDA growth of 13 percent to about PLN 220 million in 2023, the company said in its strategy for 2019-2023. The revenue is expected to increase by about 8 percent to nearly PLN 1.4 billion in 2023. The company sees capital expenditures at about PLN 380 million in t...

World Bank raises Poland’s GDP growth forecast

The World Bank expects Poland’s GDP growth of 4.7 percent this year and of 3.9 percent in 2019. This is 0.5 percentage points higher for 2018 and 0.2 percentage points higher for 2019 compared to the April’s forecast.

Locked content Wizz Air will reduce permitted hand luggage

Wizz Air decided to change the rules of hand baggage free of charge. From November 1, each passenger can bring a free hand baggage (40x30x20 cm), while passengers who have purchased Wizz Priority can also take a troller bag (55x40x23 cm) in the cabin. Currently, every Wizz Air passenger can have one...

Locked content Ciech agrees with IKS Solino on construction of brine pipeline

Ciech and its subsidiary – Ciech Soda Polska and Inowrocławskie Kopalnie Soli “Solino”  (IKS Solino) – signed an agreement regarding the construction of a brine pipeline by IKS Solino. The pipeline will connect maneuvering tank belonging to IKS Solino with production plant of...

Locked content Number of job offers rises in Sept. – BIEC

The Job Offer Barometer, indicating changes in the number of job offers published on the Internet, grew in September compared to  August, according to the Office of Investments and Economic Cycles (BIEC) and the University of Information Technology and Management in Rzeszów. In September the indicat...

Locked content Erbud Industry signs PLN 21 mln deal with Tauron

Erbud Industry Południe, a unit indirectly owned by Erbud, signed an agreement with Tauron Wytwarzanie for the boiler renovation at Siersza power station. The deal value is PLN 21 million net. The works will be carried out until June 1, 2019, Erbud said in a statement. The companies from Erbud Indus...

Locked content GetBack should file additional arrangement proposals by Nov. 6

The court required GetBack to submit additional versions of arrangement proposals by November 6. The company also has to deposit PLN 30 million as security to possible investment agreement. The voting on arrangement proposals has been postponed. The new term will be communicated after November 6 and...

Locked content Lotos units work on two hybrid locomotives

Lotos Lab and Lotos Kolej, two units of Grupa Lotos, work on a project for construction of two prototype locomotives with hybrid engines by 2022. The project is executed in a test mode, and locomotives currently owned by Lotos Kolej will be used. “If the technical and economic assumptions are confir...

Locked content Voicetel Communications plans moving to WSE in 2019

Voicetel Communications plans to transfer its shares to the Warsaw Stock Exchange from NewConnect in 2019, CEO Dawid Wójcicki told ISBnews. At the same time, the company also plans to decide about the dual listing. Wójcick added that Voicetel Communications does not plan to seek financing during the...