Google launches Polish version of Google Assistant

Google is launching the Polish-speaking version of its Google Assistant, the company said. With the help of Assistant customers can, among others, send SMS or a message to Whatsapp, turn on music on YouTube or Spotify, check the weather or start navigating on Google Maps. In the coming weeks, Polish...

Locked content Exact Systems: new car sales may grow by 5-10% in 2019

New passenger car sales may increase by about 5-10 percent y/y to nearly 560,000-580.000 this year, Exact Systems estimated. In 2018 the growth rate dropped to 9.4 percent from 17 percent in 2016 and 2017. “The upward trend should continue and, although more balanced, it will still remain high...

Locked content Six banks are ready to accept GetBack arrangement proposals

Six out of seven banks accepted GetBack proposals for settling its liabilities, “Puls Biznesu” reported. The only bank, which has not accepted offered conditions, is Haitong. In total, banks have declared “haircut” of over PLN 60 million, if GetBack will be taken over by an i...

Locked content PwC: IPO on the WSE and NewConnect totaled €81 mln in 2018

The value of initial public offerings (IPO) carried out on the Warsaw Stock Exchange (WSE) and alternative NewConnect market amounted to about €81 million in 2018. There were only 20 IPO during the last year, which is the lowest result since 2003, PwC said in a report “IPO Watch Europe”....

Locked content Gino Rossi didn’t settle PLN 45.9 mln liabilities to CCC

Gino Rossi failed to meet the January 15 deadline to settle partial repayment of receivables due to the footwear group CCC in the amount of PLN 45.9 million. In December PKO BP bank signed an agreement under which CCC took over liabilities of Gino Rossi for PLN 68.5 million. Gino Rossi asked to post...

Locked content In 2018 bankruptcies number grew by 10% – Euler Hermes

As many as 988 companies went bankrupt in Poland in 2018, 10 percent more versus a year ago, Euler Hermes said. An increase in turnover accompanied by more frequent payment delays constitutes a high risk for Polish business, it added. Euler Hermes expects the number of bankruptcies to further increa...

Locked content UKE got 4500 complaints for telecommunications operators in 2018

The Office of Electronic Communications (UKE) received over 4,500 complaints against telecommunications operators in 2018, UKE representatives told the Polish Press Agency (PAP). 3,208 applicants asked for UKE intervention, and the remaining 1,389 complaints were related to the consumer disputes. In...

Tristan, White Star acquire logistics portfolio for €86 mln

The Tristan Capital Partners-advised EPISO 4 opportunity fund and White Star Real Estate have acquired a portfolio of five warehouse assets located across Poland from an affiliate of Oz Real Estate. The value of the transaction amounts to approximately €86 million. The transacted assets comprise a t...

P3 with major lease deal in Warsaw area

Transport and logistics services provider DSV has leased a total of more than 33,000 sqm of warehouse and office areas at the P3 Błonie park near Warsaw, which is owned by logistics space investor, developer and manager P3. The transaction was brokered by BNP Paribas Real Estate. The P3 Błonie logis...