Locked content UOKiK wants banks to offer fixed-rate mortgages

The antitrust watchdog UOKiK said that it expects banks to introduce fixed-rate mortgage loans, which according to the office “offer better protection for the consumer during the long-term loan agreement and ensuring the stability of the financial sector in Poland.” “We are concerned about two thing...

Locked content Polska Grupa Lotnicza applies to UOKiK to buy PLL LOT

Polska Grupa Lotnicza filed an application to UOKiK to acquire control over Polskie Linie Lotnicze (PLL) LOT, LOT Aircraft Maintenance Services and LS Airport Services. Polska Grupa Lotnicza is a State Treasury company established to consolidate selected State Treasury assets on the aviation market....

Locked content UOKiK approves CCC deal with Adler International

Footwear retailer CCC received UOKiK approval for acquiring part of Adler International’s business, including stores selling footwear marked with the CCC logo. The deal value is PLN 68.5 million. In April CCC signed a conditional agreement with Adler International to buy 41 stores, out of which four...

Locked content UOKiK places four Kiss & Fly zones under scrutiny

Polish antitrust watchdog UOKiK initiated an investigation regarding the practices of four airport operators – Warszawa, Modlin, Kraków and Katowice. The Office will examine whether the parking rules applicable to Kiss & Fly zones are not inconsistent with competition law. According to UOK...

Locked content UOKiK approves Deutsche Bank Polska sale

The antitrust watchdog UOKiK approved the takeover of the Polish assets of Deutsche Bank by WSE-listed lender BZ WBK. Back in December BZ WBK has signed a deal to buy Deutsche Bank’s Polish assets for PLN 1.29 billion. The deal includes retail banking, private banking, business banking and DB Securi...

Locked content PHN with UOKiK approval regarding takeover

WSE-listed developer Polski Holding Nieruchomości PHN received a green light from the antitrust watchdog UOKiK regarding the takeover of a general contracting firm. The name of the company was not disclosed, but PHN filed a motion to acquire Korporacja Budowlana Doraco back in December. “The company...

Locked content BZ WBK files DB Securities takeover motion to UOKiK

WSE-listed lender BZ WBK filed an application to takeover DB Securities to the antitrust watchdog UOKiK. “Bank Zachodni WBK SA based in Wrocław intends to purchase a separate part of Deutsche Bank Polska SA based in Warsaw and take sole and direct control over DB Securities SA based in Warsaw (DB Se...