News – page 1/368
Plaza Centers starts building Torun Plaza centre
Date: 2010-09-02 14:58
A joint venture company co-held by Israeli's developer Plaza Centers (Europe) started the construction of shopping and entertainment centre Torun Plaza, which is worth about PLN 400 mn, the company said in a communique on Thursday.
02.09.2010 - XTB market snapshot
Date: 2010-09-02 09:36
Equity markets – unexpected rise in the ISM / ADP – warning signals / EURUSD – in a consolidation / Events to watch – claims and central bankers.
Brokerage house DM IDMSA seen cleared to buy WestLB Bank Polska in September
Date: 2010-09-02 08:41
Listed brokerage house DM IDMSA expects the Financial Supervision Commission (KNF) to grant its permit to a take over of WestLB Bank Polska, a unit of German West Landes Bank, in September, IDMSA's CEO Grzegorz Leszczynski has said. The KNF's next sitting is due on Sep 14.
Allianz Bank allegedly to sell 56 branches to Alior Bank for EUR 7.5mn
Date: 2010-09-02 08:16
Allianz Bank may soon sell its network of 56 branches to Alior Bank for a price of around PLN 28-30mn (EUR 7.5mn), according to unofficial sources of the Rzeczpospolita daily. The price of a single mid-sized branch is around PLN 0.5mn, the newspaper added.
Blue-chip power group PGE to mull advance dividend after Q3/2010 results
Date: 2010-09-02 08:16
The country's biggest power group PGE may consider the pay-out of advance dividend after announcing its Q3/2010 results, the company's CEO Tomasz Zadroga has said. He added that the company would talk with the treasury and big shareholders on this issue.
PMI rises by 1.7pps m/m to 53.8pts in August, highest level in 3 years
Date: 2010-09-01 12:42
The Purchasing Managers Index (PMI) increased by 1.7pps m/m to 53.8pts in August, marking the strongest improvement in the business climate for over three years (i.e. reaching the highest level since July, 2007), Markit, a financial information services company, said in a communiqué on Wednesday. The figure has remained above the 50pts mark that separates contraction from expansion for the 10th month now.
Polnord upholds plan to sell 800 housing units in 2010, and 1400 in 2011
Date: 2010-09-01 11:27
Housing developer Polnord has upheld its plan of selling 800 housing units in 2010, and 1.4 thousand flats next year, the company has said in a communiqué.
Ipsos' consumer optimism indicator down by 4.18pts to 92.56pts in August
Date: 2010-09-01 10:59
The Consumer Optimism Indicator (WOK) decreased by 4.18pts m/m to 92.56pts in August (on a scale of 0-200), the market and public opinion research agency Ipsos has reported.
01.09.2010 - XTB market snapshot
Date: 2010-09-01 09:16
Equity markets – CB up, good news from Asia / EURCHF – moving lower / Events to watch – ISM, ADP.
NBP's Belka sees inflation at good level, economy growing faster than expected
Date: 2010-09-01 07:23
Poland's economy is developing in a better manner than it was expected until recently, governor of the National Bank of Poland (NBP) Marek Belka said during his meeting with asset managers from, among others, J.P. Morgan, Goldman Sachs, UBS, DWS, as reported by NBP's information portal nbpnews.pl.
Blue-chip oil firm PKN Orlen further limits debt levels Q2/2010
Date: 2010-09-01 07:23
The country's biggest downstream oil company PKN Orlen reduced its debt by another PLN 0.5bn q/q to PLN 9.8bn in Q2/2010, despite disadvantageous revaluation of its F/X liabilities, the company said in its commentary to the H1/2010 financial report.
Warimpex to build office block and one hotel by end-2010
Date: 2010-08-31 15:54
Real-estate company Warimpex Finanz und Beteiligungs AG wants to start the construction of the Warsaw office block Le Palais, and at least one budget hotel in Poland, probably in Wroclaw (in the range of joint ventrure with Starwood Hotels), the company’s regionald director Christoph Salzer said on Tuesday.
PGNiG Norway has USD 400 mn loan from consortium of 7 banks
Date: 2010-08-31 14:21
A subsidiary of the blue-chip natural gas company PGNiG, PGNiG Norway signed a 7-year credit agreement at USD 400 mn with a consortium of seven banks (Crédit Agricole CIB, BNP Paribas, Société Générale, Natixis, The Bank of Toky Mitsubishi UFJ, UniCredit Bank AG, KBC), the company said in a communique on Tuesday.
