Locked content EBRD mulls acquiring stake in the Griffin Premium IPO

The European Bank for Reconstruction and Development may buy 5-10 percent stake in the upcoming Griffin Premium Real Estate IPO, the bank said in a press statement. “According to the framework agreement, EBRD may acquire shares in the Offering representing no less than 5 percent and no more than 10 ...

Locked content Superior Industries to bid on 100% Uniwheels shares

German Superior Industries International issued an offer to buy all shares in the WSE-listed alloy wheels producer Uniwheels, the company said in a market filing. “The Company has been notified today by its major shareholder that it has entered into an irrevocable undertaking with Superior Industrie...

Locked content Ursus pens a $100 mln deal in Zambia

WSE-listed tractor producer Ursus, signed a $100 million contract with Zambian Industrial Development Corporation. The deal is for delivery of 2,694 tractors and 2,509 farming machines, the company announced in a market filing. In addition, Ursus will build a factory in Zambia and 10 local service c...

Locked content Asseco Poland sells shares in Asseco CE subsidiary

WSE-listed IT giant Asseco Poland sold 6.51 percent of its shares in Asseco Central Europe subsidiary to a group of Asseco CE managers for PLN 32.7 million in eight installments payable by May 31, 2023, the company said in a market filing. Price per share was set at PLN 23.50 apiece. Both sides of t...

Locked content European Parliament debate on Poland’s rule-of-law

MEPs debated in Brussels on possibility to introduce sanctions against Poland as a response to alleged rule-of-law violations. Spearheaded by the European Commission Vice President Frans Timmermans, discussion centered around the EU’s Article 7, which, if invoked, would strip Poland of voting ...

The majority of Polish companies plan investments this year – GUS

According to the Central Statistical Office (GUS) data, as many as 66.3 percent of industrial companies and 41.6 percent of construction entities plan to invest in 2017. In comparison, last year, only 45.6 percent of industrial firms and 31.8 percent construction ones planned such expenditures.

Locked content WSE vice president quits

Warsaw Stock Exchange’s Vice President Paweł Dziekoński, announced his decision to leave the company. “My decision is motivated by respect for the recent delegation of a new person to perform the functions of President of the Exchange Management Board and the intention, which represents good p...
Michał Krupiński

PZU sacks CEO

Poland’s biggest insurer PZU sacked its CEO Michał Krupiński, the company said in a market filing. The decision is effective immediately, while no reason for the decision was announced.