Locked content Eurostat: Retail sales up 7.7% in July

The volume of seasonally adjusted retail trade in Poland grew by 7.7 percent year-on-year in July, according to a data release from the EU’s statistics office Eurostat. In month-on-month terms, it increased by 0.2 percent. Throughout the EU retail trade remained unchanged in m/m terms, and grew by 2...

PMI drops to 22-month low

The Purchasing Managers Index for Poland in August has dropped to 51.4 points, from 52.9 points in July, reaching the 22-month low. The market consensus was 53 points.

Locked content Gasoline and diesel prices may go up

In the next days, fuel prices may grow by PLN 0.03-PLN 0.05 per liter for gasoline and diesel. LPG prices may decline slightly or stay at a stable level, BM Reflex analysts estimated. In the first weeks of July gasoline and diesel prices went up by about PLN 0.10 – PLN 0.12 per liter, while...

Grupa Azoty in M&A talks with three companies

Chemicals producer Azoty Group is negotiating acquisition of three foreign companies, deputy CFO Paweł Łapiński said at a press conference. He added that two of the companies were from neighboring countries, including one from Germany.

Value of new mortgage loans grows 18% y/y in Q2

The value of new mortgage loans granted by banks in Q2 2018 increased by 6.4 percent q/q to PLN 13.74 billion, while the number of loans fell by 2.67 percent against the previous quarter to 53,686 loans, a report by Amron-Sarfin stated. Compared to Q2 2017, the value of new mortgage loans grew by ov...

Government support still at 42% – Kantar Public

Government disapproval increased to 46 percent from 44 percent last month, according to the poll conducted by Kantar Public. However, as many as 42 percent of the respondents believe that the government is doing a good job. The number of supporters remained unchanged in comparison to the previous mo...

Dr.Finance will buy back 150,000 shares

Dr.Finance intends to buy back 150,000 of its own shares, which is 4.02 percent, the company said in a statement. According to the program, the purchase price cannot be lower than the nominal price of the shares, i.e PLN 0.20, and higher than PLN 1.50

mBank sold unsecured bonds worth €500 mln

mBank ended the subscription for  €500 million unsecured bonds. The reduction rate was 24.32 percent, the bank announced in the statement. The subscription was for 500,000 bonds. mBank plans to introduce them to trading on a regulated market in Luxembourg.