SUNEX: 17.9% Revenue Decline in Q3 2024 Due to Weak Market Conditions in the Renewable Energy Sector and Delays in Germany

The revenues of SUNEX Group reached PLN 66.9 million in the third quarter of 2024, compared to PLN 81.7 million in the same period in 2023. Cumulatively,...

Joanna Oleśniewicz new Director of Air France KLM in Poland

As of October 1, 2024, Joanna Oleśniewicz has joined Air France KLM, taking up...

Łukasz Dębski returns to the position of CEO at Big Cheese Studio S.A.

Łukasz Dębski is set to return to the board of Big Cheese Studio S.A.,...

InPost Opens the Largest Logistic Hub in Poland

InPost Group has opened a new, largest logistics center in Poland, located in Wola...

Graylight Innovations Acquires Future Processing Healthcare and Develops AI Technology in Medical Diagnostics

Graylight Innovations announced the acquisition of 90% shares in Future Processing Healthcare, thereby changing...

85 years of tire production in Dębica. From Stomil to the largest Goodyear tire factory in Europe

The Dębica tire factory is celebrating its 85th anniversary in April this year, boasting a rich history—from its establishment in 1939 as the Stomil...

ORLEN Secures Largest Ever CEF Hydrogen Grant for “Clean Cities” Project in Poland

The ORLEN project "Clean Cities – Hydrogen Mobility in Poland" has received a non-repayable subsidy of 62 million euros. The European Union's support is...

MCI Acquires 65% Stake in Profitroom, Valuing the Firm at 290 Million PLN

MCI Acquires 65% of Profitroom Shares at a Company Valuation of PLN 290 Million. Profitroom: Leading Regional Provider of Online Booking Systems for Hotels...

Changes in the Management Board of ORLEN S.A. – Ireneusz Fąfara Appointed as New President

On April 10, 2024, the Supervisory Board of ORLEN S.A. appointed Mr. Ireneusz Fąfara as the President of the Management Board of ORLEN S.A.,...

MLP Group Announces Ambitious Growth Strategy for 2024-2028: Revenue to Double, EBITDA to Triple

The Group aims to at least double its revenue to EUR 183m–215m in 2028, triple its EBITDA (excluding revaluations) within five years to EUR...

VeloBank Secures PLN 700 Million Recapitalization from Cerberus Capital Management Subsidiary

VeloBank has secured an investor, a subsidiary of the Cerberus Capital Management, L.P. fund based in New York, which will recapitalize the bank in...

Tomasz Bardziłowski Appointed President of GPW (Warsaw Stock Exchange)

On March 27, 2024, the Polish Financial Supervision Authority (KNF) approved the appointment of Tomasz Bardziłowski as the President of the Management Board of...

XTPL Strengthens US Presence with Fourth DPS Sale and Boston Sales Center Launch

XTPL will deliver the Delta Printing System (DPS) to a new client in California in the first half of 2024. XTPL's technology will be...

Grafton Recruitment and Kelly Services join forces under one brand

Grafton Recruitment, a recruitment agency providing innovative HR solutions, part of Gi Group Holding and Kelly Services, a personnel consulting agency, join forces in...

Sunway Network SA to Acquire Hong Kong VR/AR Company for PLN 193 Million Through Share Issuance

The management of Sunway Network SA, a technology company listed on NewConnect and operating in the VR and AR sector, has scheduled an Extraordinary...

Pocztowy Bank Ends Corrective Actions on Capital Adequacy, Expects Strong Growth

The Management Board of Pocztowy Bank made a decision to end corrective actions on capital adequacy. The mechanisms implemented in 2022-2023 allowed the capital...

Paweł Borys Joins MCI as Managing Partner to Build Largest CEE Technology Private Equity Fund

Paweł Borys is joining the MCI investment team as a managing partner. Alongside the fund's founder, Tomasz Czechowicz, he will be implementing the strategy...

Marco Santos Appointed New CEO of GFT Technologies SE, Jochen Ruetz Named Deputy CEO

On 26 March, the Administrative Board of GFT Technologies SE appointed Marco Santos as the new CEO of the Group. The 48-year-old will assume...

Archicom doubles its revenues and aims for dynamic growth in 2024

In the past year, Archicom has doubled its revenue compared to 2022. The engine for the developer's expansion has been the successful integration of...

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