Polish Weekly Business and Finance Review: Companies

23 December 2022

Play: It has surpassed 10,500 base stations nationwide, and coverage of the operator’s Internet and TV services exceeds 7 million households, CEO Jean Marc Harion reported. The operator is Poland’s second tax payer to the tune of PLN 1.4 billion.

Trumpf Huettinger Poland: thanks to planned production investments, targets PLN 3.7 billion in revenue in fiscal 2026/2027, up from PLN 833 million in fiscal 2021/2022, CEO Pawel Ozimek said.

Cyfrowy Polsat: Allocated 2,670,000 Series D bonds with a nominal value of PLN 1,000 each, with a total face value of PLN 2,670,000,000, to investors, the company said. Series D bonds were allocated to a total of 97 investors.

Cyfrowy Polsat: S&P Global Ratings downgraded the rating of the Cyfrowy Polsat Group to BB from BB+, describing the rating outlook as stable, the agency said.

Asbis: Estimated consolidated revenues for November 2022 were about $275 million, down about 10% year-on-year, the company reported.

Allegro: Recorded the highest level of daily sales on the platform in its history on Monday, December 12, the company reported.

Asbis: Is working to strengthen its portfolio of business services, which have higher margins than classic distribution. The company has partnered with US-based Q-nomy, a global provider of advanced software that helps companies optimize the customer experience in their branches or stores. The agreement covers the EMEA region, i.e. all 27 countries in which Asbis operates, including Poland.

Cloud Technologies: estimated data sales growth rate was 47% year-on-year in October. Thus, the company continues its dynamic development, maintaining double-digit growth rates in its key business segment, it stressed.

AxFina: The company, whose shareholder is the European Bank for Reconstruction and Development, is expanding its operations in Poland and has announced a technological revolution in the receivables management market. The revolution proposed by AxFina is the introduction of a human face in receivables management through the Finastic application.

Canon: Has launched a portal called PSIRT (Product Security Incident Response Team), through which potential security vulnerabilities in B2B and B2C solutions provided by the manufacturer can be reported. Each report is forwarded directly to the team responsible for cyber security.

.dotisto: A new independent search engine for Internet domains has officially launched. It’s a free tool that focuses on helping you find the perfect address for your new website, project or email account.

Otomoto: The first Otomoto KLIK showroom in Warsaw has been launched. Starting December 19, anyone interested in buying a vehicle from Otomoto KLIK will be able to view selected cars from the platform’s portfolio at the showroom.

Kyndryl: The independent IT infrastructure services provider has made its presence felt in Poland over the past twelve months through a number of initiatives in the technological and social areas. Plans for the coming year include further development of open source and cloud-based innovation, as well as the creation of dedicated solutions for various sectors of the economy, including the financial, manufacturing and public segments. These include innovations for representatives of Industry 4.0 based on the Internet of Things and upgrading networks to 5G, tools for the financial industry using Big Data and business analytics, and services related to the digitization of public entities.

SD Worx: The HR and payroll solutions provider has launched its office in the .KTW II office building in Katowice, Poland. SD Worx has operated an operations and services center in the .KTW complex since 2021. The company moved from .KTW I to .KTW II, where it increased its lease area by 878 sqm.

Blulog: The unstable macroeconomic situation is causing companies to look for new ways to build supply chain security and resilience. Experts at Blulog point to investments in technology – primarily IoT, advanced analytics and cloud – as the answer to new challenges in this area.

Source: ISBnews and ISBtech

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