Locked content Stadler signs PLN 2.2 bln deal with Koleje Mazowieckie

Swiss rolling stock producer Stadler signed a PLN 2.2 billion contract with state-owned regional railways Koleje Mazowiecki for 71 trains. According to the agreement, the vehicles will be delivered from 2018 to 2022, with the first six rolling stock to be used on the Działdowo line. Koleje Mazowieck...

Locked content Neuca with PLN 120 mln buyback program

WSE-listed pharma distributor Neuca approved a buyback program of up to 300k shares at no more than PLN 120 million, the company said after its shareholders’ meeting. The scheme is valid till end-2019. The maximum price has been set at PLN 400 apiece. At end of trading day on Wednesday, the co...

Locked content Comperia shareholders tender ends

Adam Jabłoński and Marek Dojnow, shareholders of the WSE-listed internet portals group Comperia.pl bought 140,242 shares of the company out of 1,184,262 shares in the tender offer. The price was set at PLN 6.56 apiece. Before the tender, Jabłoński and Dojnow controlled 24.35 percent stake and planne...

Locked content BOŚ to raise capital by PLN 400 mln through private placement

WSE-listed lender BOŚ plans to increase its capital by up to PLN 400 million by issuing 40 million V-series shares in a private placement. “It is necessary for the bank to increase its capital given the planned increase of the scale of operations and regulatory capital requirements and the fact that...

Locked content Kubica named reserve driver for F1 Williams team

Robert Kubica failed to secure a driver spot for the Formula 1 team Williams for the upcoming season but has been named the reserve and development driver for the team. Russian Sergey Sirotkin was announced as a race driver joining Canadian Lance Stroll. Kubica and Sirotkin competed for the spot dur...

Base inflation at 0.9% in December – NBP

Poland’s base inflation (excluding food and energy prices) amounted to 0.9 percent in December y/y. In m/m terms it remained unchanged, according to data released by Poland’s Central Bank NBP.

Locked content Link4 with 1 bln premiums in 2017

Link4, a direct insurance unit of WSE-listed PZU, raised PLN 1 billion in gross written premium last year, CEO Agnieszka Wrońska said. The unit plans the growth to slow down this year but still hopes to reach single-digit growth and expects to expand faster than its competitors. The company had one ...

Locked content KNF: OFE assets reach PLN 179.5 bln at end-17

Net assets under management of open pension funds (OFE) totaled PLN 179.53 billion at the end of 2017 compared with PLN 153.43 billion a year earlier, the Financial Supervision Authority KNF reported. The three biggest funds in terms of net assets (out of 11 currently operating) are: Nationale-Neder...

Locked content Lotos and PGNiG get two new Norwegian licenses each

WSE-listed Lotos and PGNiG each secured stakes in two exploration licenses on the Norwegian continental shelf, the Norwegian Ministry of Petroleum and Energy said. Lotos secured licenses on the North Sea, while PGNiG won stakes in licenses on the Norwegian Sea. They were awarded in the licensing rou...