Locked content Share turnover on the WSE down in December

Share turnover on the Warsaw Stock Exchange within the order book fell in December by 9.7 percent y/y to PLN 14.8 billion, the WSE informed. The average daily value of trading grew by 0.9 percent y/y in December to PLN 872 million. The total value of trading in shares on the WSE Main Market amounted...

Locked content LPP prelim. operating profit up at PLN 420 mln in Q4

Fashion retailer LPP reported PLN 420 million of consolidated operating profit (EBIT) in Q4, an increase of 12 percent y/y. Revenue grew by 10 percent y/y to PLN 2.37 billion, the company said, presenting preliminary data. Like-for-like sales grew in Q4 by 2.3 percent y/y. At the end of December, th...

Locked content Electricity use up by 1.7% y/y to nearly 171 TWh in 2018

Electricity consumption in Poland grew by nearly 1.7 percent y/y in 2018 and reached the highest level in history – almost 171 TWh, according to preliminary data of Polskie Sieci Elektroenergetyczne (PSE), analyzed by WysokieNapiecie.pl.  “The increase in consumer demand is the effect of...

Locked content Grupa Lotos plans to have 550 stations by 2022

Grupa Lotos expanded its network of petrol stations by 10 in Q4, the company said. All new facilities are franchise stations. In total, out of 495 stations under the Lotos brand, 189 are franchise stations, and the remaining 306 are own stations. According to the strategy for 2017-2022, the company ...

Locked content Number of new buses registrations up by 38.7% in November

Polish carriers registered a total of 154 new buses in November 2018 an increase of 38.7 percent y/y, according to the Polish Automotive Industry Association (PZPM). In total, during 11 months of the last year, 2,520 new buses were sold in Poland, a growth of 30 percent y/y. Mercedes-Benz was the de...

Locked content Coal sales down at 5.2 mln tons in November

In November coal sales declined to 5.2 million tons compared to 5.7 million tons in October and 5.73 million tons in November 2017, the Industry Restructuring Agency (ARP) reported. Coal production amounted to 5.5 million tons, down by 0.3 million tons from a month ago and by 0.2 million tons from N...

Locked content CCC revenue up 22% y/y in December

Shoe retailer CCC recorded consolidated revenue of PLN 572.3 million in December, 22 percent more than a year ago, the company said.  Revenue from online sales amounted to PLN 102.9 million and was higher by 65 percent compared to December 2017. In the entire 2018 revenue stood at PLN 4.34 billion, ...

Locked content UOKiK fines Promed for PLN 370,000

The Office for Competition and Consumer Protection (UOKiK) fined Promed – previously NMedical, NovuMedical – for nearly PLN 370,000 for violation of customers’ interests. Promed sold medical packages, and when a customer wanted to withdraw from the contract, the company refused. Th...

Locked content Labor Market Indicator falls in December – BIEC

The Labor Market Indicator (WRP), which gives an advance indication about future changes in the unemployment rate, fell in December, Bureau for Investments and Economic Cycles (BIEC) estimated. This is the third month of decline, while previously the index grew for six months in a row. It seems that...

Locked content Trucks pay higher fees on A2 highway from Jan. 2

From Wednesday trucks have to pay higher fees on the paid section of A2 highway between Nowy Tomyśl and Konin. For passenger cars, motorcycles and non-standard vehicles the price on each of the three 50-kilometer sections remained unchanged, Autostrada Wielkopolska SA informed. Category 2 vehicles w...