Locked content Redan to issue up to PLN 13 mln bonds

Clothing retailer Redan plans to issue bonds for a nominal value of PLN 13 million with two years maturity. A potential investor decided to acquire all bonds, Redan said. The issue price is set at PLN 990 per bond. PLN 7 million from the issue will be spent to buy newly issued TXM shares. The…...

Locked content Global A&D sector revenue up by 2.7% in 2017 – Deloitte

Global revenue of aerospace and defense (A&D) sector increased in 2017 by $18.3 billion or 2.7 percent y/y. The A&D sector owes this increase mainly to the development of civil aviation and increasing expenditures on defense in Europe – according to a report by the consulting company D...

Locked content Punctuality of passenger trains is falling – UTK

Punctuality of passenger trains fell to 88.21 percent in Q2 in comparison to 92.29 percent in the same period last year, Railway Transport Office (UTK) stated on Thursday. The office added that punctuality rate fell as well compared to Q1 when it was 90.14 percent. PKP Intercity showed the poorest r...

Locked content Next households get high speed internet – Wielkopolskie

Further 40,000 households gained access to high-speed internet in Wielkopolskie voivodship. Orange came to an agreement with INEA regarding the use of its fiber-optic network.  Orange plans to launch its services via the Poznań operator’s infrastructure already in the coming weeks. Most of the house...

Locked content Army announces tender for four buses

The Second Regional Logistics Base (2nd RBLog) has announced a tender for the supply of four passenger buses for the army, informed 2nd RBLog in the tender announcement. The order for three buses is guaranteed, while for the fourth vehicle it is an optional order. Interested companies have to submit...

Locked content TFI assets grew by 0.6% in July

The assets of Polish investment funds (TFIs) grew by 0.6 percent month-on-month to PLN 281.5 billion in July, according to Analizy Online and IZFiA.  Similarly to the previous months, assets of cash and money funds showed the highest growth (2.3 percent m/m). For the first time since January, the po...

Locked content Infoscan signs LoI with investors

Telemedicine and remote diagnostics devices producer Infoscan signed Letters of Intent with the company’s investors, including individuals with managerial and supervisory functions. The investors expressed interest in receiving at least 120,000 company shares. The raised funds would be used fo...

Locked content PKN Orlen and PGNiG discover gas deposit in Wielkopolska

PKN Orlen and PGNiG discovered a new gas deposit in Wielkopolska. The production capacity of the deposit was estimated at 50 million cubic meters of gas annually.  The deposit is located in the area of Płotki on the Śrem-Jarocin concession, PKN Orlen said. It was discovered by the Chwalęcin-1K well,...

Locked content T-Mobile Polska EBITDA down at PLN 432 mln

Telecom operator T-Mobile Polska Q2 revenue fell by 1.8 percent y/y to PLN 1.57 billion. EBITDA decreased by 17.7 percent y/y. The decline was mainly due to lower incomes and higher costs after EU “Roam Like at Home” rules came into force. In Q2 the company acquired about 100,000 clients...

Locked content Braster will issue up to 400,000 shares

MedTech company Braster shareholders decided on conditional share capital increase through the issue of up to 400,000 series J shares. There will be no pre-emptive rights for existing shareholders, the company said. Currently, Braster capital consists of 9.2 million shares. The new shares are issued...