Locked content Alior to extend Ruch’ financing

WSE-listed lender Alior Bank will extend the financing period for troubled press distributor Ruch, the company said in a market filing. The deal was signed with Ruch lead shareholder Lurena Investment. “Will allow for the continuation of the restructuring process for Ruch and finding a strategic inv...

Locked content Agora ends long-term agreements with Ruch

Media group Agora decided to terminate long-term distribution agreements with Ruch. The decision was taken due to Ruch liabilities towards Agora, the media company said. At the same time, Agora expressed willingness for further cooperation with Ruch based on current bilateral agreements. In January-...

Locked content Inpost reaches agreement with Ruch over cooperation breakdown

Inpost, part of the Integer.pl group providing mail delivery services,  has signed a settlement agreement with Ruch concerning their cooperation breakdown. Ruch, a major newsstand owner in Poland, will receive PLN 4.92 million gross in nine installments. Both sides also agreed to waive all claims wi...

Locked content Ruch buys stake in e-Kiosk

Newsstand operator Ruch has acquired a 28.14-percent stake in digital press distributor e-Kiosk from Presspublica in exchange for shares in book and newspaper online retail site Nexto.pl, the company said in a statement on Tuesday. “The investment into e-Kiosk is favorable for Ruch, but it is also g...

Locked content Ruch to expand range of services

Newsstand operator Ruch has grown its network to offer a wider range of services. It is now developing cooperation with e-commerce, Ruch’s deputy CEO Dariusz Stolarczyk was quoted as saying by ISBnews. “Ruch would like to be a services firm, offering a wide range of opportunities for the customer,” ...