Locked content ARP to invest into start-ups

The state-owned Industrial Development Agency (ARP) will spend PLN 80 million annually on investment into start-ups, Treasury Minister Włodzimierz Karpiński was quoted as saying by ISBnews. Poland should develop its innovation potential, Karpiński said, and the ARP will be a tool for that. In his op...

Locked content ARP has new president

Aleksandra Magaczewska has been appointed president of the state-run Industrial Development Agency (ARP), which invests into strategic sectors of the Polish economy. Before she was chosen for the current position by ARP’s general meeting, Magaczewska was director of the Department of Restructuring a...

Locked content Polimex to issue bonds to ARP

Troubled construction company Polimex-Mostostal will issue bonds worth PLN 140 million, to be purchased by the Industrial Development Agency (ARP), the company said in a statement on Thursday. The issue is part of a new stage of the firm’s restructuring plan. Part of the issued bonds will be convert...

Locked content State to support Polimex-Mostostal

State-owned Industrial Development Agency (ARP) will support bankrupt construction firm Polimex-Mostostal, Dziennik Gazeta Prawna reports. An agreement will likely be signed before the end of this month. In order not to breach EU rules on state support, the ARP will only buy bonds issued by Polimex-...

Locked content ARP mulls new bond issue

Poland’s Industrial Development Agency (ARP) may soon issue a new tranche of debt securities, acting CEO Jerzy Góra told ISBnews. The agency’s bonds from a PLN 150 million issue were traded on the WSE’s Catalyst market on Monday. The agency has not yet decided on the timing and value of the upcoming...