Warsaw Business Journal

PM Mateusz Morawiecki said that Poland will not take part in the Visegard Summit planned to take place this week in Israel. The decision comes after Israel’s Acting Foreign Minister Israel Katz said that “many Poles” had collaborated with the Nazis in World War II. He was commenting on Israeli’s PM ...

WSE-listed railway infrastructure builder Trakcja had a PLN 75 million loss in 2018, according to the company’s preliminary financial results. At end-Q3, the company had PLN 1.27 million profit.

Sales in small format stores (up to 300 sqm) grew by .3 percent y/y and dropped by 10.9 percent m/m in January, the Polish Chamber of Commerce PIH said. The number of transactions decreased by 2 percent compared to January 2018.

Poland’s biggest online auction and e-commerce platform Allegro.pl secured antitrust watchdog UOKiK approval to takeover online ticket retailer eBilet Polska, the company said.

Sports and nutrition drinks producer Oshee seeks antitrust watchdog UOKiK approval to takeover health foods producer Oshee. According to UOKiK the motion has been submitted on February 15, and the case is currently being analyzed.

According to the data from the National Debt Registry (KRD), Poles have PLN 1.49 billion outstanding debt to loan companies. This figure is almost three times higher than four years ago. An average debt amounts to PLN 4,531. In 2015 it was PLN 2,451.

WSE-listed, state-controlled coal producer JSW is in talks with the Treasury regarding a potential PLN 0.5-1 billion bond issue, said the company’s CEO Daniel Ozon.

According to initial data from the Civil Aviation Office (ULC), Polish airports serviced 45.8 million passengers last year. That’s 14.5 percent y/y increase.

WSE-listed, state-controlled power group Tauron will take a PLN 377.9 million hit to its 2018 consolidated net result due to PLN 466.5 million in impairments, the company said in a market filing.

Healthcare operator Medicover signed an agreement regarding the purchase of Neomedic – a group of neonatological and obstetrical hospitals for €70.5 million, Medicover said in a market filing. The transaction is expected to be finalized in Q2 2019 after obtaining appropriate consents.