Locked content Smithfield Foods has UOKiK consent to take over Pini Polonia 

Smithfield Foods has received the consent of the Office of Competition and Consumer Protection (UOKiK) to take over meat production and processing company Pini Polonia. Smithfield Foods is a global company dealing in the processing and production of meat. In Poland, among others, it controls the Ani...

Locked content Capital Park with PLN 5 mln Q3 net profit

WSE-listed developer Capital Park recorded PLN 5.06 million net profit attributable in Q3 up from PLN 0.78 million a year earlier. The operating loss was PLN 13.88 million vs. PLN 65.35 million profit a year earlier. Consolidated revenues from basic rental amounted to PLN 36.56 million against PLN 3...

Locked content Agora with Q3 loss

WSE-listed media group Agora posted a PLN 3.7 million Q3 net loss, 68.2 percent improvement y/y and above market expectations of PLN 10.1 million loss. EBITDA increased by 9.7 percent y/y to PLN 17 million, while revenues reached PLN 258.9 million up by 2.9 percent y/y. The company saw growth in its...

Locked content Fuel prices should go down – BM Reflex

According to BM Reflex, a fuel branch consultancy company, prices on the wholesale market will not increase thus bringing retail prices down in the upcoming weeks. Although significant drops in diesel prices are unlikely, as the wholesale prices went up recently, retail prices have remained somewhat...

Locked content Boryszew launches strategic options review

WSE-listed industrials group Boryszew is launching a review of potential strategic options, the company said in a market filing. Amongst them are a strategic alliance or finding an investor. “As part of the strategic options review, the management board intends to assess market conditions and forms ...

Locked content Ursus launches accelerated arrangement proceedings

The district court in Lublin approved WSE-listed tractor producer Ursus motion to start accelerated arrangement proceedings. The intention of the board is to protect the rights and interests of the company, its shareholders, employees, and contractors against the insolvency threatening the company c...

Locked content Work Service wants to delay PLN 150 mln bonds redemption

WSE-listed HR consultancy firm Work Service has started negotiations to later redeem bonds of series T, W, and Y worth some PLN 150 million, the company said. In the opinion of the company’s management board, the successful conclusion of negotiations will have a beneficial effect on the company̵...

Locked content Żywiec CEO resigns

The CEO of WSE-listed brewer Grupa Żywiec, Guillaume Duverdier posted his resignation the company informed in a market filing. No reason for his leaving was given. Duverdier said that he will be leaving his post at the end of the year and is recommending Francois-Xavier Mahot to replace him. Grupa Ż...

Locked content Alior denies BOŚ interest

WSE-listed, state-operated Alior Bank issued a statement denying that it is interested in acquiring parts of BOŚ bank. “We do not know anything about it. Alior Bank is not involved in the acquisition of  BOŚ bank or any of its assets. We focus on organic growth and effective implementation of the &#...

Locked content CCC with term sheet deal to buy minority stake in HR Group

WSE-listed shoe retailer CCC signed a term sheet agreement to buy 32.84 percent in HR Group Holding, the owner of a number of retail chains in Europe, including German Reno, as part of the deal, CCC will sell its German operations to HR Group. The price has not been announced yet as both sides are&#...