Locked content Play with PLN 57.5 mln H1 profit

WSE-listed telecom operator Play Communications recorded a consolidated net profit of PLN 57.5 million in H1 vs. PLN 176.1 million profit a year earlier. Operating profit was down to PLN 435.4 million vs. PLN 615 million the year earlier. EBITDA declined 23.7 percent y/y to PLN 844.6 million in H1. ...

Locked content Gino Rossi to enter 3 Eastern markets

WSE-listed shoe retailer Gino Rossi has signed a partnership agreement with Presto Limited based in Russia to distribute its products on the Russian, Kazakh and Belarusian markets, the company said. The value of the contract is estimated at approx. PLN 3 million. “According to Gino Rossi, the establ...

Locked content Fipronil-contaminated poultry reaches Poland

Chickens imported from Germany and slaughtered in one of the plants in Poland were contaminated with fipronil. The entire party of this meat was secured and handed over for disposal, Chief Veterinary Officer Paweł Niemczuk said. Polish authorities were informed by its German counterparts regarding t...

Locked content Duda and Tusk in the lead for presidency – poll

According to a poll conducted by Pollster, if the presidential elections took place today, incumbent Andrzej Duda would enjoy 39 percent support, while former PM and current European Council President Donald Tusk would get 31 percent of the votes. Both would face off in the second round. Other possi...

Treasury debt inches up in June

The debt of the State Treasury of Poland grew in June by PLN 5.16 billion (0.5 percent increase m/m), to PLN 945.69 billion, the Ministry of Finance said. What’s more, since the beginning of the year, the statement read, debt has risen by 1.8 percent.

Locked content No offers in the Impera Capital buyback tender

No offers have been made during the first tranche of the buyback tender announced by Impera Capital, the company said in a market filing. Back in July, the private equity fund majority shareholders announced the plan to buy 940k of its shares for PLN 1.5 apiece in the first tranche of its buyback pr...

Locked content Tauron hit with another lawsuit concerning windfarms

WSE-listed power utility Tauron has been sued by Wind Invest subsidiary Pękanino Wind Invest for PLN 28.5 million in damages and for further PLN 201.6 million in future damages, the company said in a market filing. The lawsuit concerns terminating a long-term contract for the deliveries of electrici...

Locked content Discovery buys TV station from Agora

WSE-listed media group Agora will sell its remaining 51.06 percent stake in its terrestrial TV station Metro for PLN 19.5 million to Discovery Polska. After the transaction, Discovery will hold a 100 percent stake in Green Content, the company which owns the station. Agora expects that the transacti...

Locked content PCC Rokita Q2 profit grows

WSE-listed chemical firm PCC Rokita recorded a consolidated net profit of PLN 41.51 million in Q2, up from PLN 35.61 million last year. Revenues amounted to PLN 325.33 million compared to PLN 267.45 million a year earlier. “We have achieved a significant increase in our results [in the first half of...

Locked content MCI with Q2 profit, after last year’s loss

WSE-listed venture capital fund MCI had a PLN 36.71 million Q2 profit, compared to PLN 16.24 million loss last year, the company said in its financial report. Operating profit stood at PLN 40.51 million vs. PLN 20.2 million loss a year earlier. Profit from investments reached PLN 41.37 million in Q2...