Poland's software developer Asseco will propose at the forthcoming shareholders meeting a PLN 600mn share buyback programme, the company's filing to the Warsaw stock exchange showed. The buyback will consist of up to 25.6 million shares, which corresponds to 33% of its stock. The shareholders meeting is scheduled for September 6. Asseco posted a Q1 attributable net profit of PLN 97.2mn, up by 1.8% y/y. |
The European Commission is referring Poland (and Cyprus) to the Court of Justice of the European Union for failing to fully transpose EU's Renewable Energy Directive, according to the ... more
The ZEW-Erste Group Bank Economic Sentiment Indicator for Poland (economic expectations) surged by 22.3pts m/m to 42.9pts in February, according to a report by the Center for European Economic ... more
When Poland joins the euro-zone, it will have to transfer EUR 5.47bn of its foreign-currency reserves to the European Central Bank, according to a statement by the ministry of finance. The ... more