Locked content ABC Data to have new CEO

Ilona Weiss will be the new chief executive if IT distributor ABC Data, the company said in a statement on Monday.  She will assume the position on January 1, 2015. Weiss has so far been the company’s deputy CEO. She will replace Norbert Biedrzycki, whose contract expires on December 31, 2014. “Our ...

Locked content Asseco CE working on acquisitions

IT firm Asseco Central Europe, part of the Asseco Poland group, is considering two acquisitions at the moment, the company’s CEO Jozef Klein told the Polish Press Agency. One of the potential acquisition targets is German and the other is Slovak. Each has a revenue of some €12-15 million euro annual...

Locked content Energa launches cooperation with Intel

Energa, one of Poland’s largest power utilities, has announced the start of its cooperation with global IT giant Intel. The companies will work on solutions within the Internet of Things concept. One of the expected results will be the development of appliances for the management of energy supply an...

Locked content Simple working on acquisition

IT company Simple is in preliminary talks about a major acquisition, the company’s CEO Przemysław Gnitecki told the Polish Press Agency in an interview. “We are in initial talks with an entity comparable to us,” Gnitecki said. “I do not expect the finalization to take place before the end of the yea...

Locked content Warsaw wins prize in Bloomberg Mayors Challenge

The city of Warsaw was awarded one of the runner-up prizes in the annual Bloomberg Mayors Challenge, organized by Bloomberg Philanthropies. The Grand Prize for Innovation, worth €5 million, this year went to Barcelona and its project called “Collaborative Care Networks for Better Aging.” The runner-...

Locked content Asseco Poland fares better than expected

IT group Asseco Poland’s net profit in Q2 of 2014 was PLN 86.5 million, 9 percent better than market consensus. In the second quarter of 2014 Asseco Poland group had PLN 150.2 million operating profit. EBIT confirmed the consensus, analysts had expected a PLN 150.4 million profit. The company&...

Locked content AB to issue bonds

WSE-listed IT distributor AB is considering the issue of bonds worth PLN 100 million to finance further development, Puls Biznesu reports. So far it has used mostly bank loans for the purpose, but it wants to diversify the financing structure. “The bond issue will allow us to obtain stable financing...

Locked content Founder may relaunch sale of ATM

Data center company ATM will focus on growth over the next two-three years and then may be put on sale, the company’s founder and deputy CEO Tadeusz Czichon told Parkiet in an interview published on Monday. He recently planned to sell his stake in the firm to Innova Capital, but the deal did not go&...

Coming of Age

From its humble beginnings, the IT sector in Poland is now set to take off over the coming years. WBJ Observer takes a look at the history of information technology in the country and where it’s headed