Headlines
Large-cap companies news
Alior: Management on outlook
PKN Orlen, Lotos: Deadline for decision of EC on merger with Lotos extended to June 30
PKN Orlen: Increases in salaries accepted by management
mBank, PKN Orlen: Lawsuit for reimbursement of interchange fees
mBank: FY19 financial report released
mBank: AGM called, profits to be unallocated
JSW: Reversal of impairments of Koksownia Radlin of PLN 189.8 million
JSW: New management board member
PKO BP: Insider buying
Kruk: Adjustments to earlier preliminary data
Banks: EU Court of Justice sets VAT tax rate on cash handling and operations at 23%
Banks: New inquires to EU Court of Justice concerning CHF litigation
Small- and mid-cap companies news
Comarch: 4Q19 results released – simply a let-down, ST market-relative bias down to Underweight
Asseco BS: Management outlook
Agora: Motivation program to be voted by AGM
Votum: Management on business plan
Netia: CEO on selective takeovers and results
Ten Square Games: Record high revenues from Fishing Clash in February (SensorTower.com)
PlayWay: PlayWay sold around 5,000 copies of House Flipper within three days from the release
LSI Software: Article in Parkiet daily
Mercator Medical: Contracts with Ammex Corp
Boombit Games: PLN 5.9 million write-offs will be booked in FY19 report
Echo Investment: Purchase of Tesco projects
Ciech: Agreement with Remondis on the building of waste incineration plant
Agora principally produces and sells newspapers and carries out the Internet activity. Co. is also engaged in the cinema segment through its subsidiaries, Helios S.A. and Next Film Sp. z o.o., and in the outdoor segment through its subsidiary, AMS S.A. Co. controls radio broadcasting companies and is a publisher in magazines, periodicals and books segment. Moreover, Co. and its subsidiaries provide printing services for external clients in printing houses belonging to Co. and its subsidiary, Agora Poligrafia Sp.z o.o. Co. is also engaged in TV segment by holding shares in Stopklatka S.A. Co. and its subsidiaries also engage in projects related to production and coproduction of movies.
Alior Bank is a universal lending and deposit-taking bank which renders services to individuals, legal persons and other entities which are Polish and foreign persons. Co.'s core activities include maintaining bank accounts, granting loans and advances, issuing banking securities and purchasing and selling foreign currency. Co. also conducts brokerage activities, consulting and financial agency services and renders other financial services.
Asseco Business Solutions designs and develops IT solutions for business. Co. offering includes: ERP solutions aimed to support business processes in medium and large enterprises, mobile applications (SFA) for the full management of mobile workforce (SReps), programs supporting HR operations, solutions supporting factoring transactions, commercial data exchange platforms (between the manufacturer and distributors), a suite of application for small business management (SMEs).
Ciech is engaged in the production, trade and distribution of chemicals as well as comprehensive service activities directed at the domestic and foreign market. The main products sold by Co. are soda ash, TDI, plastics, resins, chemical fertilizers, plant protection chemicals, glass blocks and glass packaging, salt and other chemicals.
Comarch is a producer of IT systems for key sectors of the economy: telecommunications, finances, public administration, large companies and the sector of small and medium-sized companies. A range of Co.'s product offering includes ERP-class and financial and accounting systems, CRM systems and loyalty software, sales support and electronic document exchange systems, knowledge management, Business Intelligence, security and protection of data and many other solutions. Apart from providing IT solutions to its customers, Co. is focused on professional customer service and on providing consulting, advisory and integration services as a uniform package.
Echo Investment is a real estate investment and development company based in Poland. Co.'s is engaged in operations in the real estate market, the design, construction and development of shopping and entertainment centers, hotels, office buildings, houses, blocks of flats and apartments. Co.'s operations are organized along three operating segments: Shopping and Entertaining Centers, Offices and Hotels and Residential. Co. also offers general contracting services for third party investors. Co. owns properties throughout Poland, including Szczecin, Poznan, Warsaw, Krakow and Kielce, among others, and abroad, including Ukraine, Romania and Hungary.
Grupa Lotos is an oil concern which deals with oil extraction and processing and trading of high quality oil products. Co. supplies the market with, unleaded petrol, diesel oil, fuel oil, aviation fuel, industrial oil, asphalt and paraffin, among other things. Co. is engaged in the production and sales of engine oils and bitumen in Poland. Co. maintains oil exploration and production activities in the Baltic, North Sea and Norwegian Sea and operates three refineries in Gdansk, Jaslo and Czechowice, Poland. Co. markets its products in wholesale markets, as well as in retail markets through a network of petrol stations.
Jastrzebska Spolka Weglowa is a producer of type 35 coking coal (“orthocoking coal” according to Polish Standard). The main line of Co.'s business is also the mining and sales of steam coal. Co. is also central for selling all coal derivative products, i.e. coke and hydrocarbons produced by coking plants owned by the JSW S.A. Capital Group. The mining area is located in the Upper Silesian Coal Basin. The principal clients for Co.'s products are located primarily in Poland, Germany, Austria, the Czech Republic, Slovakia, and also India and Brazil.
Kruk SA. Kruk SA is a Poland-based company, which is engaged in the business support industry. The Company is a multi-operator, which offers loss prevention and debt collection services. The Company divides its business into two main operating segments: Debt Purchase, including acquisition of non-performing debt portfolios, and Debt Collection Outsourcing, offering fee-based collection of debt on client's behalf, focused on consumer and corporate loans. The Company provides services to financial institutions and large corporate customers. It manages receivables of banks, credit intermediaries, leasing companies and digital platform providers, among others. The Company's operating activities concentrate in a number of countries, such as Poland, Romania, Czech Republic, Slovakia and Spain. The Company's subsidiaries include Kruk Deutschland GmbH, Presco Investments Sarl and Espand Soluciones de Gestion y Recuperacion de Deuda SL, among others.
LSI Software Sa. LSI Software SA is a Poland-based company specialized in the design and provision of software solutions for the retail and hospitality sectors. Its portfolio of products includes Bastion ERP, a corporate management system; POSitive Retail, aimed at retail stores management; and POSitive Hospitality, designed for the management of hotels, restaurants and SPAs, among others. The Company is also a supplier of customer-tailored software solutions. It deals with all levels of software implementation, from the design, through installation, to system configuration, training and post-sale services. The Company holds a partnership with Microsoft for system environment and database implementation and with Long Range Systems for development of software solutions. It also provides building management systems (BMS) under the GIP brand name. The Company operates a number of subsidiaries, such as Softech Sp z o o and Przedsiebiorstwo Projektowo Wdrozeniowe GiP Sp z o o.
mBank is a provider of comprehensive corporate banking services in Poland. Co. and its subsidiaries make up the mBank Group which is engaged in offering financial services. Co.'s service offering includes a comprehensive financial offer tailored to the needs of corporate clients, Private Banking clients, and retail clients. The business activities of Co. is conducted in the following business segments: Retail Banking and Corporates and Markets.
Mercator Medical SA is a Poland-based company engaged in medical supplies industry. The Company manufactures medical gloves and distributes disposable medical materials. It produces medical, latex, synthetic, surgical, diagnostic sterile, examination and protective and household gloves. Its dressing products line includes gauze dressing products, non-woven fabric dressing, medical adhesive tapes, surgical dressing, among others. In addition, the Company provides drapes such as bed sheets, sets, as well as apparel, including caps, masks, gowns, among others. It operates through subsidiaries: Mercator Medical Kft, Mercator Medical srl, Merkator Medikal TOB, Mercator Medical (Thailand) Ltd and VIVOFT LLP.
Netia Holdings is a fixed-line telecommunication operator based in Poland. Co. provides voice telephony and data transmission services. These services include switched, fixed-line voice telephone services (long-distance and fixed-to-mobile services), Integrated Services Digital Network, Voice over Internet Protocol, voice mail, dial-up and fixed-access Internet, leased lines and frame relay and MPLS services. Co. also offers wholesale services (including wholesale termination of inbound traffic, ducts, dark fiber and co-location), services based upon intelligent networks (free phone, split charge and premium rate services) and provides broadband Internet access with ADSL technology.
PKO Bank Polski is a universal commercial bank offering services to both domestic and foreign retail, corporate and other clients. Co. is licensed to hold foreign exchange and currencies and sell/buy them, as well as perform a full range of foreign exchange services; open and hold bank accounts abroad and to deposit foreign exchange in these accounts. In addition, Co. conducts activities relating to leasing, factoring, electronic settlements via payment cards, as well as renders other financial services. As of Dec 31 2009, Co. had total assets of Zl156,478,685,000 and total deposit of Zl124,628,562,000. Co. operates in the Republic of Poland, Ukraine and Sweden.
Playway SA. Playway SA is a Poland-based company engaged in the computer games development. The Company's activities are divided into two business segments: Computer games and Mobile games. The Computer games division focuses on creating and distributing games for Windows and Mac operating systems. Its game titles include Hard West, Car Mechanic Simulator, Professional Farmer 2014 and Ancient Space, among others. The Mobile games division produces and publishes games, such as Car Mechanic Simulator 2014 Mobile, Cook It Up and Diner Mania, for mobile devices with Android and iOS operating systems. In addition, it develops games for consoles, including PlayStation (PS) and Xbox. The Company distributes its products mainly through online platforms, such as Steam, App Store and Google Play. The Company controls a number of subsidiaries, such as CreativeForge Games SA, Madmind Studio Sp z oo, Atomic Jelly Sp z oo and Fishing Games Sp z oo.
Polski Koncern Naftowy Orlen's activities are divided into three main business segments: the Refining Segment that comprises crude oil processing as well as wholesale and retail trade in refinery products. The Petrochemical Segment that encompasses production and sale of petrochemicals and chemicals. The Retail Segment that comprises of sales at petrol stations. Co.'s basic products include gasolines, diesel oils, light heating oil, Jet fuel, liquid gas, polyetylene, polypropylene, benzene, butadiene, acetone, phenol, glycols, toluen, ortoxylene.
Ten Square Games SA is a Poland-based mobile games development company. The Company is focused on 3D simulation hobby games for people who seek outdoor experiences on their mobile devices, like fishing or hunting games. Its games are available on social platforms, a network of partner sites, as well as on Google Play, App Store and Microsoft Store.
VOTUM SA is a Poland-based company that offers assistance in claims for damages. It specializes in the proceedings concerning the claims related to damage to persons covered by the system of mandatory insurance. The services provided by the Company include: determining the perpetrator of the accident, preliminary legal assessment of the third party liability, statute of limitations for claims, the scope of damage subject to compensation and obtaining the compensation. As of December 31, 2011, the Company formed a capital group, which was comprised of: VOTUM Centrum Odskodnenia as, located in Slovenia; VOTUM Centrum Odskodneni as, located in the Czech Republic; Kancelaria Adwokatow i Radcow Prawnych A. Lebek i Wspolnicy Spolka Komandytowa, and VOTUM-RehaPlus SA. On May 8, 2013, the Company established its new subsidiary, Votum Connect SA. On October 25, 2013, it acquired 74% stake in Vidshkoduvannya Sp z o o, Ukraine.
BOS Brokerage, with over 20-year experience, offers brokerage services on the Polish capital market to satisfy numerous needs of institutional and retail investors.
Our comprehensive offer includes brokerage services on both the stock exchange and the forex market as well as brokerage services on the energy market, debt and equity issues, distribution of investment funds and assets management.
BOS Brokerage analytical team belongs to the most appreciated and acclaimed on the market. According to Parkiet daily’s poll (as of January 7, 2019), DM BOŚ equity research team was selected by institutional investors as the third best in Poland. Moreover, the team members won several individual best analysts awards, including Sobiesław Pająk – IT (best analyst), media/telco (ranked 2.), strategy (ranked 4.), Tomasz Rodak – video games (best analyst), overall ranked 5., Łukasz Prokopiuk – chemicals (ranked 2.), mining (ranked 3.), Maciej Wewiórski – real estate (ranked 3.).
In August 2017 Parkiet daily indicated DM BOŚ recommendations as the most accurate over 12 months and according to the Puls Biznesu daily (as of April 11, 2017) DM BOŚ research team was the most prolific on the Polish market and issued the biggest number of recommendations (247) in the years 2014-2016.
The analysts handle over 80 companies listed on the Warsaw Stock Exchange.
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