In Focus: Jewelry Market – Gold and diamonds in demand

Jewelry is one of the fastest growing markets in Poland. Albeit still small, and largely fragmented, it appears to be quite attractive to global producers and designers. Local brands are also making an impact and are poised to take on international markets

Locked content Vistula Group sees revenue increase of 16%

The consolidated sales revenue of Vistula Group amounted to PLN 47.5 million in May of the current year and was 16.1 percent higher than a year ago. “Cumulative revenue from sales for January-May 2015 was about PLN 189.4 million and was 16.5 percent higher y/y,” explained a written state...

Locked content W.Kruk becomes a spin-off of Vistula

Shareholders at W.Kruk, owned by Vistula Group, have increased the equity capital from PLN 100,000 to PLN 200 mln and divided it into 20 million shares which were acquired by Vistula. As a consequence, W.Kruk has become a spin-off of the group. The company predicts that the IPO of W.Kruk will still ...

Locked content Vistula to spin-off W.Kruk through March

W. Kruk spin-off from Vistula has been delayed due to ongoing talks with lenders regarding refunding. Since the process will likely take place in the first quarter of the current year, a public offer is to be made next year based on its 2015 performance, Vistula president Grzegorz Pilch informed in ...