Locked content Makarony Polskie to build factory in Egypt?

WSE-listed pasta producer Makarony Polskie is in talks with Egyptian Raya Holding for Technology & Telecommunications regarding potential strategic partnership, the company said in a market filing. The agreement would concern entering the African markets, including building a factory in Egypt. A...

Locked content PCC Rokita mulls Romanian acquisition

WSE-listed chemical group PCC Rokita is interested in acquiring Romanian state-owned Oltchim, the Polish company said in a market filing. The group has made the initial feasibility study of the company’s assets, infrastructure and real estate. “In order to undertake the next steps in acquiring...

Locked content Dino sets IPO price

Retail chain Dino priced its initial public share offering at PLN 33.5 apiece, potentially raising PLN 1.6 billion. Dino’s minority stakeholder Polish Sigma Group plans to sell all of its 48 million shares representing 49 percent of the company’s stock. Dino’s founder and owner, To...

Locked content PGNiG to spend PLN 680 mln on innovative investments in 2017-2022

Gas supplier PGNiG has earmarked PLN 680 million for research and development and innovations in the period 2017-2022, the company stated. “This means that on average PLN 100 million a year will be invested in innovative project, cooperation with startups and R&D programs that could positi...

Locked content Industrial production prices increase 4.4% y/y

Industrial production prices increased in February by 4.4 percent y/y and remained unchanged in monthly terms, GUS stated. Economists polled by PAP saw the prices increase by 4.5 percent y/y and drop by 0.1 percent m/m. In January, industrial production prices grew by 4 percent y/y and 0.3 percent m...

Locked content Retail sales increase by 7.3% y/y

Retail sales increased in February by 7.3 percent year-on-year and dropped 2.7 percent m/m, according to GUS. Market consensus prepared by PAP saw the sales increase by 8.7 percent y/y and fall 1.4 percent m/m. In January, retail sales recorded an 11.4 percent increase in annual terms. In real terms...

Locked content Industrial output up 1.2% y/y, below expectations

Industrial output increased in February by 1.2 percent year-on-year and dropped by 0.9 percent in month-on-month terms, said statistics office GUS. Analysts surveyed by PAP expected industrial output to grow by 3.5 percent y/y and 1.1 percent m/m. Seasonally-adjusted industrial output increased by 4...

Locked content GDDKiA and Police to get PLN 2.5 bln in EU subisidies

The General Director for National Roads and Motorways (GDDKiA), together with the Chief Police Headquarters (KGP), have signed agreements for PLN 2.5 billion in EU subsidies for their projects. GDDKiA will construct nearly 145 kilometers of new roads, while the Police will send the money on equipmen...