Locked content WSE suspends trading of Orco Property Group

WSE has suspended the trading of Orco Property Group shares after Poland’s financial watchdog KNF filed such motion. KNF demand stems from the Orco suspending its trade on the Luxembourg Stock Exchange. The company decided to withdraw its shares from the market after its majority shareholder, CPI Pr...

Locked content Orco Property Group to leave WSE

Orco Property Group is planning to delist its shares from the Warsaw Stock Exchange (WSE), ISBnews reported citing the company. “The intention is to withdraw shares traded on the Warsaw bourse, which is determined by the legal requirements and the final decision of launching the process of del...

Locked content Złota 44 sale won’t cover Orco’s losses

Orco Property Group, the developer on the Złota 44 project has released data showing losses in the first half of 2014. The sale of the Złota 44 project should lower the investor’s obligations by €47 million, but will not be enough to cover its losses long-term. The building was sold to Amstar ...