Locked content Government support at 43% – Kantar Public poll

As many as 43 percent of the respondents believe that the government is doing a good job, while 44 percent thinks otherwise, according to a poll conducted by Kantar Public. The supporters number contracted by 1 percentage points m/m, while the number of opponents remained the same PM Beata Szydło (t...

Locked content KNF: loans up by 4%, deposits by 5.7% y/y I-X

The Polish Financial Supervision Authority (KNF) published data regarding banks’ loans and deposits from January to October 2017 on a year-on-year basis. The total value of loans in the banking sector in Poland, including foreign units, increased by 4 percent y/y reaching PLN 1.04 trillion. Th...

Locked content Beer and wine production to drop in 2017 – report

Beer production in Poland will fall by 2.2 percent this year and will amount to 40.5 million hectoliters – according to the Institute of Agricultural and Food Economics (IERiGŻ) report. The Institute forecasts that foreign trade deficit of alcoholic products will reach €327 million. “Bas...

GDP per capita at 68% of EU average in Poland – Eurostat

According to Eurostat data, GDP per capita expressed in Purchasing Power Standards (PPS) in Poland amounted to 68 percent of the EU average in 2016, unchanged compared with 2015. The lowest pps in the bloc was in Bulgaria (49 percent) followed by Romania (58 percent), while the highest was in Luxemb...

Locked content OT Logistics increases its stake in Luka Rijeka

WSE-listed logistics operator OT Logistics tendered 2.7 percent in Croatian port Luka Rijeka. The company wanted to buy as many as 43.39 percent shares at HRK 50 apiece. Before the tender, OT Logistics held 32.56 percent shares in the company which controls the facility but has signed agreements wit...

Locked content BZ WBK to buy Deutsche Bank’s Polish assets for PLN 1.3 bln

WSE-listed lender BZ WBK has signed a deal to buy Deutsche Bank’s Polish assets for PLN 1.29 billion. The deal will not cover DB’s FX mortgage portfolio as well as corporate and investment banking operations and its retained cost base. BZ WBK will pay 20 percent in cash and 80 percent in new shares....

Locked content Investment funds with PLN 1.95 bln net inflows in November

Polish investment funds recorded PLN 1.95 billion in net inflows in November, according to data released by Analizy Online. Retail investment funds had over PLN 2 billion in net inflows last month, which is the best result since January 2008, and the eleventh straight month with over PLN 1 billion i...

Locked content PiS with record-high support – Kantar Public poll

According to the latest poll conducted by Kantar Public, if elections took place now, 50 percent of Poles would vote for ruling Law and Justice (PiS), while 17 percent would vote for Civic Platform (PO). PiS support increased by 5 percentage points, while PO’s support dropped by 6 pps. Other p...