Locked content LOT cancels 10 more flights, presents proposal to strikers

LOT crew is on strike for the eighth day in a row. On Thursday the company canceled in total 10 flights, three from Warsaw and seven arriving to Poland, LOT spokesperson Adrian Kubicki said. In total during the strike, 50 flights were canceled. The protesters aim to return dismissed chairperson of t...

Locked content Mostostal Warszawa wins tender to build school in Wilanów

Mostostal Warszawa offer to build a primary school in Wilanów district has been chosen as most favorable, the company said. The value of the offer is PLN 59.09 million gross. The deadline for works completion is scheduled for August 31, 2020. Mostostal Warszawa has been listed on the Warsaw Stock Ex...

Locked content PKN Orlen Q3 net profit up at PLN 2.06 bln

PKN Orlen recorded PLN 2.06 billion consolidated net profit attributable to shareholders in Q3 versus PLN 1.6 billion a year ago, the company said. Operating profit amounted to PLN 2.29 billion compared to PLN 2.27 billion y/y. EBITDA stood at PLN 2.98 billion compared to PLN 2.94 billion a year ago...

Locked content 723 companies went bankrupt in 9 months

In 9 months as many as 723 companies went bankrupt in Poland, Euler Hermes reported. This is a 7-percent increase compared to 673 bankruptcies in the corresponding period of last year. Euler Hermes expects the number of bankruptcies to grow by about 10 percent annually in 2018 and a subsequent incre...

Locked content Orange Polska with PLN 91 mln net profit in Q3

In Q3 Orange Polska recorded PLN 91 million of consolidated net profit attributable to shareholders according to IFRS 15 reporting standard against PLN 28 million profit according to IAS 18 y/y. Operating profit amounted to PLN 175 million according to IFRS15 (PLN 217 million according to IAS18 vers...

Locked content HubStyle sets share issue price at PLN 0.5/shr

HubStyle decided to set issue price of series I shares at PLN 0.5 per share. At the end of August, shareholders resolved to increase the company’s share capital by up to PLN 600,000 through the issue of up to 6 million shares. HubStyle Group owns the Sugarfree.pl clothing brand and online store as w...

LOT cancels 12 more flights due to strike

On Wednesday LOT canceled 12 flights from and to Warsaw because of the strike, Konrad Majszyk from LOT press service said. Stewardesses and pilots participating in the strike have been refraining from work for seven consecutive days.

Locked content Grupa Kęty with PLN 83.2 mln net profit in Q3

Grupa Kęty reported a consolidated Q3 net profit of PLN 83.2 million versus PLN 77.3 million a year ago. EBITDA stood at PLN 140.3 million compared to PLN 128.7 million y/y. Revenue grew to PLN 813.3 million from PLN 717.5 million in Q3 2017. At the end of Q3, the group had PLN 231.1 million… ...

Locked content Unimot prelim. Q3 EBITDA at PLN 13.9 mln

Fuel trader Unimot recorded preliminary Q3 revenue of PLN 828 million versus PLN 823 million in Q2. EBITDA stood at PLN 13.9 million compared to EBITDA loss of PLN 7.1 million in Q2. Q3 EBITDA was impacted by PLN 1 million write-downs related to suspension of mobile application Tanjuk24 development....

Locked content Astarta sugar sales down 20% in Q3

Astarta Holding sold 88,035 tons of sugar in Q3, a 20 percent decline y/y, the company said. The average price of sugar produced by the group fell by 18 percent y/y to 10,460 UAH/t. In the same period, the group sold 143,682 tons of wheat, 18 percent more than a year ago. The average wheat priceR...