The transformation of former foreign trade organizations into diversified conglomerates with manufacturing holdings has become a familiar strategy. Agros is no exception in this transformation, although its diversification strategy is more focused than many.
Bank Gdanski now has 13,485 shares or a 5% stake in the poultry company Drosed SA.
Bank Depozytowo-Kredytowy SA, a Lublin-based state-owned bank, has become the first bank in Central and Eastern Europe to receive debt ratings from one of the big three international ratings agencies.
Holland’s leading cooperative bank, the Rabobank Group, signed an agreement on Monday to take a controlling interest in the Warsaw-based Bank Rolno-Przemyslowy SA, a well-performing agricultural bank founded in late 1993.
The city of Mielec, Poland’s former airplane company town, is planning to open a tender for an $876,000 telecommunication project to modernize and expand the local network.
The National Bank of Poland (NBP) accepted Marek Kulczycki as President of Pierwszy Polsko-Amerykanski Bank SA (PPABank).
The city of Gdynia board announced last Friday that it plans to give the mandate to ING Bank’s Warsaw branch for its debut municipal bond issue.
For sale: One shiny new rescue ambulance, on display at the Volkswagen-Audi car showroom on ul. Krucza in downtown Warsaw."It’s very hard to sell this car," said Wlodzimierz Jermanowski, manager of the fleet customers department.
Beating out strong competition from other top investment banks, Merrill Lynch this week sealed a deal to raise $350 million for Poland’s second-largest oil refinery, the state-owned Rafineria Gdanska SA.
My friend Mitchell Kearney is one of the best commercial photographers. When shooting a subject he never says, "Smile." That’s got to be a major obstacle if you’re a photographer.