Locked content PZU expects over 30k claims after last week’s storms

WSE-listed, state-run insurer PZU expects the total number of claims filed in the aftermath of last week’s storm to “significantly exceed 30k,” the company said. So far the number of property and farm damage claims reached 16k, while the number of vehicle damage claims is in the 6k range. The compan...

Locked content Retail investors on the rise on the WSE

Retail investors share in the turnover on the WSE main market increased in H1 by 5 percentage points y/y to 18 percent. The trade is still being dominated by foreign investors, who are responsible for 52 percent of the bourse turnover (down by 2 percentage points). Domestic institutional investor’s ...

Locked content Rafako to build power units in Indonesia for €73 mln

WSE-listed industrial builder Rafako won the tender to build two 50 MW coal-fired steam power units in Indonesia for €70.3 million. Rafako’s bid was part of the consortium one and constitutes some 35 percent of the total bid value. The construction works are due for completion in 39 months…. ...

Locked content Trakcja signs PLN 417 mln deal with PKP PLK

WSE-listed railway infrastructure builder Trakcja signed a net PLN 417.6 million deal for modernization works on the E20 railway line with railway infrastructure firm PKP PLK. The deal concerns the part of the line linking Siedlce with Terespol and concern modernizing 4 railway stations, two in Biał...

Locked content Energa expects PLN 150 mln boost from the new law on renewables

WSE-listed power utility Energa expects to increase its next year’s earning by PLN 150 million due to a new bill on renewables which affects the pricing of certificates of origin, the company said in a market filing. The forecast was built on a substitution fee estimated at PLN 43 per MWh, and inclu...

Locked content T-Bull Q2 profit drops

WSE-listed game developer T-Bull had a PLN 1.14 million Q2 profit, down from PLN 1.26 million recorded last year. Operating profit was PLN 1.3 million vs PLN 1.59 million a year earlier. Revenue from sales reached PLN 3.66 million up from PLN 3.49 million a year earlier. In H1, the company had a net...

Locked content The sixth victim of last week’s storms dies

A 60-year-old woman died in hospital on Tuesday, becoming the sixth casualty of the storm the hit northern and western Poland on Friday. She was hiding in the shed along with her husband when the building collapsed. She was taken to a nearby hospital where she eventually passed away. Her husband did...

Locked content Slovakian PM: our vital interest is the EU, not Visegrad Group

Slovakian PM Robert Fico said that it’s in Bratislava interest to be a part of a deeply integrated core EU, not with the Visegrad Group. “The fundamentals of my policy are being close to the (EU) core, close to France, to Germany. I am very much interested in regional cooperation within the Visegrad...