Locked content OT Logistics wants to buy Lotos Kolej

The-WSE listed OT Logistics approached the Ministry of the Treasury to purchase railway company Lotos Kolej, which is a subsidiary of the state-controlled Grupa Lotos. “We have signaled several times that we are interested in an acquisition on the Polish cargo railway market, and the offer con...

Locked content ZUE closer to aquire Railway

Poland’s construction company ZUE  signed a letter of intent to acquire 70 percent of Railway’s shares on Monday, the firm informed. “Singing the letter of intent regarding acquisition of majority stake of Railway is an important step for our strategy to expand our business into ma...

Locked content Geberit receives green light for Sanitec acquisition

The Swiss sanitary system and parts company Geberit is on its way to take over Scandinavian Sanitec. UOKiK, The Office of Competition and Consumer Protection has given permission for the acquisition, claiming that it would not hurt competition in Poland. The two companies’ market share in Pola...

Locked content Govt to consolidate energy sector

The Ministry of the Treasury will present a report on consolidation of Polish energy industry through the end of January, Polish Press Agency reported. The government is willing to strengthen the regional position of the sector, “We seek to increase the importance of Poland’s energy industry on the ...

Locked content Cube.ITG will acquire ITMED

WSE-listed Cube.ITG, will expand its capabilities in the health care sector. Cube.ITG’s vice-president said that the acquisition opens up doors for knowledge transfer, not only in the medical sector. Cloud computing and big data will be an important element of this technology transfer between ...