Locked content WSE turnover plummets in October

Equity turnover on the main market of the Warsaw Stock Exchange in October amounted to PLN 16.53 billion, a 22.6 percent year-on-year decrease, the stock exchange has announced. The bourse also announced that turnover on the bond Catalyst market amounted to PLN 177.1 million last month, a 26.8 perce...

Locked content Ultimate Games plots move to WSE main market

Listed on the small-cap, alternative NewConnect market, video game developer Ultimate Games plans to transfer its shares to the Warsaw Stock Exchange main market in H1 next year, the company’s CEO Mateusz Zawadzki said. “Good financial results, growing sales and strengthening our position on the gam...

Locked content 1C Entertainment mulls IPO

Video game producer and developer, 1C Entertainment is mulling IPO on the Warsaw Stock Exchange, the company’s CEO Nikolay Baryshnikov told the ISBnews press agency. “We want to grow organically – we see great growth potential especially in the games production segment and in specialized servi...

Locked content Pharmena files prospectus to move to WSE main market

Listed on the small-cap, alternative NewConnect market, biotechnology company Pharmena, filed the prospectus with the Financial Supervision Authority KNF to transfer its shares to the WSE main market, the company said in a market filing. In H1, the company had PLN 0.5 million net profit, compared wi...

Locked content WSE signs cooperation deal with Chinese peer

The Warsaw Stock Exchange (WSE) and the Shenzhen Stock Exchange (SZSE) signed a memorandum of cooperation aimed at exchanging information and experiences, which is aimed at increasing the investment opportunities of companies through stock exchanges in both countries, the companies said. “We see the...

Locked content Only 4 IPOs on WSE in Q3 – PwC

There were 4 IPOs on the Warsaw Stock Exchange in Q3, according to PwC “IPO Watch Europe” report. Their total value stood at €8 million.  In Europe, there were 64 IPOs valued at €3.9 billion, which is 53 percent lower y/y. “IPO activity in Warsaw is the weakest since 2003 and once again one of…...

Locked content AmRest trading suspended by WSE

The Warsaw Stock Exchange will suspend the trading of restaurant operator AmRest shares between October 4-8.  The suspension of trade is dictated by the company moving its home deposit of shares to Spain. This is due to the fact that the firm’s headquarters are being moved to Spain as well, and will...

Locked content Introl to buy back up to 500k own shares

WSE-listed Introl announced a buyback program to purchase up to 500k of its own shares at PLN 4 apiece, the company said in a market filing. Introl plans to redeem the shares. The subscription will run through October 1-12, with the planned purchase date set for October 19. At the beginning of Septe...

The biggest pension reform in years

A major pension overhaul is about to take place. Though still in preparation, its execution will likely be very swift. Will it indeed encourage Poles to save up for retirement? How much will labor costs increase and how will it impact the investment market? WBJ sat down with Piotr Kochański and Rafa...