Locked content Polish advertising market on upward trend

The internet advertising market in Poland is growing steadily and there is a positive outlook in the sector. This is according to the president of WP Group Jacek Świderski. In his opinion, the entire advertising market is on an upward trend, and the second quarter indications are already confirming ...

Locked content Pawlikowski wins best director trophy at Cannes

Oscar-winning director Paweł Pawlikowski won the best director award at this years’ at the Cannes film festival. His latest movie, “Cold War,” is a tragic love story of Wiktor and Zula, a pair of mismatched musicians, set against the backdrop of the Iron Curtain. Pawlikowski, who claims has be...

Locked content PESA with PLN 310 mln deal with Warsaw

Rolling stock producer PESA signed a PLN 310 million agreement with Warsaw’s local public railway SKM to deliver 21 trains. “This is the largest purchase in the history of our company. New trains will significantly increase our transport capacity and allow the launch of further agglomeration connect...

Locked content PiS support unchanged. PO drops – Kantar Public poll

According to the latest poll conducted by Kantar Public, if elections took place now, 36 percent of Poles would vote for ruling Law and Justice (PiS), while 22 percent would vote for Civic Platform (PO). PiS support remained unchanged compared with last month, while PO’s support decreased by 1...

Locked content Comarch with PLN 6.2 mln Q1 net loss

WSE-listed IT group Comarch had a PLN 6.24 million consolidated net loss in Q1, compared with PLN 18.2 million profit last year. EBIT pummeled by 73 percent to PLN 0.6 million. Revenues were up by 6.4 percent to PLN 272 million. “The increase in sales revenues in the first quarter of 2018 and a posi...

Locked content GTC with €24 mln Q1 net profit

WSE-listed real estate developer GTC had €24.1 million net profit in Q1, down by 25.2 percent y/y, but above €16.4 million consensus. Revenues amounted to €39.5 million, a 30.6 percent growth y/y. Operating profit amounted to €36.9 million, down by 14.4 percent y/y. “We achieved solid results in the...

Locked content Legia wins Ekstraklasa, Jagiellonia second

Warsaw’s Legia won Poland’s top league Ekstraklasa football championship, winning with Lech Poznań in the championship final round. The Warsaw team was winning 2:0, when Lech fans started firing flares and smoke rounds and demolishing the stadium in the game’s 77th minute, costing their team any cha...