Listed real estate developer Robyg will issue PF-series bonds with a total maximum value of PLN 250 million (EUR 58.53 mln) at a margin of 2.6 percent, the company said in a market filing.
Under the 2021-2027 financial perspective, including advances, almost PLN 20 billion (EUR 4.7 bln) of funds under the EU cohesion policy has already been transferred to Poland, the Ministry of Development Funds and Regional Policy (MFiPR) said in a press statement.
Later this year, Poland's Ministry of Development Funds and Regional Policy plans to submit the 4th and 5th payment applications for EU funds under the national recovery plan KPO for up to PLN 30 billion (EUR 7.03 bln), the ministry said in a press statement.
Poland records gradual improvement in foreign trade, but exports in Polish zloty are falling, mainly due to low foreign sales of transport vehicles and their parts, Poland's central bank NBP reported.
The Warsaw Stock Exchange benchmark rate administrator GPW Benchmark together with banks should strive to guarantee the unquestionable quality of the input data and the index that is eventually to replace the WIBOR benchmark, Poland's central bank NBP governor Adam Glapinski assessed.
Listed power utility Tauron has secured a total of approximately 228.7 MW capacity obligations for its units in the 2029 capacity market auction, the company said in a press release. One-year capacity contracts in a volume of 59.2 MW were reported to relate to existing units and demand reduction units.
Poland's central bank NBP increased its gold reserves in October by 7.5 tonnes, making the gold share in the reserves at over 17.7 percent, NBP reported on Friday.
Poland's current account surplus amounted to EUR 1.064 billion at the end of October, against a consensus for a deficit of EUR 250 million, according to the central bank NBP's figures released on Friday.
Changes in the design of the banking tax would be desirable to encourage the development of lending, especially to businesses, Poland's central bank NBP governor Adam Glapinski said in a recording published by the NBP on Friday.
In view of the prospect of unfreezing energy prices, with the expected economic recovery, high wage growth and elevated core inflation, the NBP's monetary policy must remain clearly focused on lowering inflation permanently to the target, Poland's central bank NBP's governor Adam Glapinski said in a recording released by the NBP.
Listed chemical group Azoty's unit, Azoty Pulawy, continues to expect a remedial programme from listed builder Polimex-Mostostal, which has not yet fulfilled the contract for the construction of the coal unit, with the original completion date being exceeded by more than two years, Grupa Azoty said in a press release. The amount of contractual penalties owed to Azoty Pulawy group for the delay currently reaches PLN 359 million (EUR 84 mln).