Locked content Waszczykowski: Poland ready for ‘new opening’ with France

Polish Foreign Minister Witold Waszczykowski has said that Warsaw is ready for “a new opening” in relations with France following Emmanuel Macron’s victory in the presidential election in France. In a phone conversation with his newly appointed counterpart Jean-Yves Le Drian, Waszczykowski said that...

Locked content Superior tenders 11.4 mln Uniwheel shares

Superior Industries tendered 11.4 million shares of WSE-listed alloy wheels producer Uniwheels, representing a 92.3 percent stake in the company. The transaction will be finalized on May 25. American investor agreed to buy 7.6 million shares representing a 61.29 percent stake in the company from its...

Locked content EU with an ‘offer you cannot refuse’ to expand euro zone

The European Commission is working on an offer which will make adopting the euro more attractive to the EU members, European Economic and Financial Affairs Commissioner Pierre Moscovici said. “We will try to make a framework that is attractive enough, that is like, as they say in the movies, an offe...

Locked content Poles among missing after Manchester terror attack

Poland’s foreign ministry announced that “a number of Poles” are among the missing after the terror attack during the Ariana Grande concert in Manchester on Monday. According to the resort, they are parents of children who attended the concert. The ministry did not reveal how many Poles are st...

Locked content Dino Q1 net profit grows 30% y/y

WSE-listed retailer Dino increased its first quarter net profit by 30 percent to PLN 30.5 billion, the company said in a market filing. Revenues amounted to PLN 910.3 million, up 28.7 percent y/y, while operating profit stood at PLN 46.3 million, a 20.1 percent y/y increase. Like-for-like sales incr...

Locked content Ekstraklasa to implement VAR next season

Polish top tier football league Ekstraklasa will implement the VAR (Video Assistant Referee) system starting with the upcoming 2017/18 season. Each round, three games will be played with VAR system implemented. The Video Assistant Referee project is an off-field official that reviews decisions made ...

Locked content Comarch with PLN 4.8 mln Q1 attributable net profit

WSE-listed IT company Comarch had PLN 4.8 million attributable net profit in Q1, down by 32.9 percent y/y. EBIT amounted to PLN 11.3 million loss, down by 192 percent y/y, while revenues inched down by 0.4 percent to PLN 242.2 million. The EBIT result was boosted by PLN 9.7 million from the PLN gain...

Locked content Superior Industries offer for Uniwheels goes through

Superior Industries tendered over 75 percent of German WSE-listed alloy wheels producer Uniwheels shares, which means that the tender deal will go through. After agreeing to buy 61.29 percent of Uniwheels shares from its owner, Superior announced the tender to buy back the remaining 4.8 million shar...