Locked content Orbis sees 2018 capex at PLN 320 mln

Hotel operator Orbis targets 2018 capex of at least PLN 320 million versus PLN 93.5 million in H1. The expenses increase is due to two purchase transactions closed in July. In addition, Orbis plans to finish acquisition of MGallery in Prague next month and to open new hotels in Vilnius and Warsaw by...

Locked content LPP sees 2018 capex at PLN 520 mln

WSE-listed fashion retailer LPP plans increasing capex by 18 percent in 2018 to PLN 520 million. The company also plans to expand the area of the stores by 11 percent. “Our goal is to gradually increase the average area of stores of all brands to make room for more and more extensive collectio...

Locked content Pfleiderer group sees 2018 Capex at €75 mln

WSE-listed wood panel producer Pfleiderer Group’s CAPEX in 2018 will amount to about €75 million, chairman Tom Schabinger said. In particular, the company plans to invest €20.6 million in the modernization of the infrastructure in Leutkirch. The investment should be completed in Q1 2019 and wi...

Locked content Orlen with PLN 4.6 bln CapEx this year

WSE-listed fuel giant Orlen’s CapEx planned for 2018 is expected to amount to PLN 4.8 billion, the company said in a market filing. In 2017, the company spent PLN 4.6 billion, compared to PLN 5.5 billion planned. The largest investments are planned in the downstream segment, Orlen wants to spe...

Locked content JSW plans PLN 1 bln CAPEX this year

WSE-listed coal miner JSW plans to spend PLN 1 bln on investments in 2017, acting CEO Daniel Ozon said. “This amount is the total planned CAPEX for the whole JSW and JSW Koks group,” he explained. Ozon added that one of the major projects will be building new coking batteries, which he hopes will st...

Locked content PKN Orlen to shrink capex for exploration projects

PKN Orlen will decrease this year’s capex (capital expenditures) from PLN 3.8 billion to some PLN 400 million, Wiesław Prugar, the CEO at Orlen Upstream told the media. “Capex will not be as much reduced, as disposed for the next years,” Prugar pointed out. In July, the group’...