Locked content Ferro net profit falls to PLN 11 mln in 2017

Sanitary and heating appliances producer Ferro recorded net profit of PLN 11.06 million in 2017. This is almost three times less than in 2016, when Ferro earned PLN 29.09 million, the company reported. Ferro, following the result of the customs and tax control, decided to create a provision, affecti...

Locked content Inter Cars Group sales in March decline 2.7%

Sales of Inter Cars Group in March dropped 2.7 percent year-on-year to PLN 611 million, the company said.  In the first three months of 2018  the group’s sales grew 6.4 percent to PLN 1.64 billion. Revenue of Inter Cars SA in March stood at PLN 474.8 million (a 5.4 percent decline), out of whi...

Locked content BGK preliminary net profit for 2017 grows to PLN 518 million

Poland’s state-owned lender BGK preliminary net profit for 2017  grew to  PLN 518 million from PLN 349 million a year ago. Over the next years the bank plans to keep its net profit in a similar range to that recorded in 2016-2017, BGK CEO Beata Daszyńska-Mazurek said. Intensifying cooperation with c...