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...

Locked content Solar Company Sept. revenue up at PLN 11.4 mln

Solar Company recorded consolidated revenue of PLN 11.4 million in September. A year ago the company’s revenue for the same period stood at PLN 10.2 million. Solar Company owns the brand Solar, which specializes in the clothing and accessories for women. The company has been listed on the Warsaw Sto...

EU agrees on stricter CO2 emission standards

The European Union decided to tighten CO2 emission standards for new passenger cars and light commercial vehicles (LCV). By 2030, new cars should emit on average 35 percent less CO2 compared to the current limits.

Locked content Kruk will issue PLN 35 mln bonds

Debt collector Kruk decided to issue up to PLN 35 million AE3 series bonds offered in private subscription. The issue will be carried out by the end of 2018. The company also reported that the nominal value of debt portfolios received by the group was PLN 3.7 billion in Q3, 42 percent more y/y. Kruk...

Locked content Ultimate Games Q3 prelim. net profit at PLN 0.6 mln

Ultimate Games recorded preliminary revenue of PLN 1.3 million and net profit of PLN 0.6 million in Q3. In the nine-month period, preliminary revenue stood at PLN 2.9 million, while net profit amounted to PLN 1.2 million. Ultimate Games is a unit of game developer and incubator PlayWay. In June Ulti...

Locked content PKP PLK: if Astaldi does not resume works, there are solutions

If Italian constructor Astaldi does not resume works under the contracts on Lublin – Warsaw, and Poznań – Wrocław rail routes, PKP PLK has prepared other options, PKP PLK board member Arnold Bresch said. He added that on Friday there was a deadline for works renewal. In the case of both ...