Locked content Columbus Energy plans moving to WSE main market

Solar energy firm Columbus Energy plans to move from the small-cap, alternative NewConnect market to the main WSE one, the company said in a market filing. For this purpose, Columbus signed a deal with the BOŚ brokerage house and hopes to move its listing to the main market within a few months. “The...

Locked content Torpol signs PLN 173 mln deal with PKP PLK

WSE-listed railway infrastructure builder Torpol signed a net PLN 273.4 million (gross PLN 213.3 million) deal for works on the 31 railway line with railway infrastructure firm PKP PLK. The tender concerns route connecting Czeremcha and Hajnówka. The works are to be completed within 20 months from t...
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Online shopping on the rise

The number of internet users, who shop online has increased to 54 percent, compared to 50 percent in 2016, according to the “E-commerce in Poland 2017” report prepared by Gemius in cooperation with the Chamber of Electronic Commerce (IGE).

Locked content BGŻ BNP Paribas CEO resigns

Tomasz Bogus resigned from his post of CEO of BGŻ BNP Paribas. The resignation will come into effect on 31 October 2017, the lender said. Bogus did not give reasons for his resignation. Bogus took over as president of the bank on September 1, 2015 replacing Józef Wancer….

Locked content Play signs infrastructure deal with UPC

WSE-listed telecom Play signed a deal with cable TV operator UPC on cooperation in providing telecommunication services. According to it, Play will act as an infrastructure operator for UPC, which will launch its own mobile services as a virtual operator (MVNO). “The above transaction is in line wit...

Locked content Dino with 500 mln bond program

WSE-listed retail chain Dino will launch a PLN 500 million secured bonds program, the company said in a market filing. “The purpose of the program is to diversify sources of funding and optimize the company’s operating costs. The program does not affect the company’s current assumptions ...
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Poles work 45 hours per week on average – report

The average Pole works 45 hours a week, according to a study conducted by Kantar Millward Brown pollster. The more money they earn, the more hours they put in, as those with salaries over PLN 3,999 work 50 hours per week, while those self-employed “enjoy” a 55 hour-long working week. Those earning b...

Locked content GetBack H1 profit soars

WSE-listed debt collector GetBack recorded PLN 111.62 million net profit in H1, up by 50.5 percent y/y. EBIT stood at PLN 156 million, a 74.6 percent y/y growth. Revenues amounted to PLN 337.59 million, up by an impressive 111 percent y/y. “We consider that the first half of 2017 was another good ti...