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Top related persons:
Maciej Hebda - 1 Huuuge - 1 Hebda - 1 Maria Gieldon - 1 Jason Neely - 1 Emelia - 1
Top related locs:
Polish Gdansk
Top related orgs:
Steam - 1 Thomson - 1

Search resuls for: "Maria Gieldon"


5 mentions found


☆ Huuuge plans to release first PC games in H2
  + stars: | 2023-05-31 | by ( ) www.reuters.com   time to read: +1 min
May 31 (Reuters) - Polish mobile games developer Huuuge (HUGP.WA) plans to release its first PC games on the Steam platform in the second half of the year, Deputy CEO Maciej Hebda said on Wednesday. Steam is the biggest distributor of PC-based video games. Huuuge also plans to release in the second half of this year browser versions of two flagship titles, "Huuuge Casino" and "Billionaire Casino". In the first quarter, "Huuuge Casino" and "Billionaire Casino" were responsible for generating as much as 95% of the group's revenue. Reporting by Maria Gieldon in Gdansk; editing by Jason Neely and Emelia Sithole-MatariseOur Standards: The Thomson Reuters Trust Principles.
Persons: Maciej Hebda, Huuuge, Hebda, Maria Gieldon, Jason Neely, Emelia Organizations: Steam, Thomson Locations: Polish, Gdansk
☆ Ten Square Games to lay off 25% of staff, suspend two major projects
  + stars: | 2023-04-17 | by ( ) www.reuters.com   time to read: +2 min
GDANSK, April 17 (Reuters) - Poland's Ten Square Games (TENP.WA) plans to cut its workforce by 25%, or about 120 people, by the end of April and suspend two major projects, it said on Monday, blaming a challenging economy and an unstable mobile games market. At 1025 GMT Ten Square Games shares were down 4.8%, hitting the bottom of Poland's wig40 index. "We have decided to end work on two projects - Undead Clash and Fishing Masters - and to significantly reduce employment in areas outside the company's main products," CEO Maciej Zuzalek said in a statement. "This will allow us to focus Ten Square Games' resources and energy on the development of the main titles - Fishing Clash and Hunting Clash - in the coming months, and prepare for the further scaling of Wings of Heroes." The games write-downs will be included in the company's second-quarter results.
☆ Polish lender PKO BP actively seeking M&A opportunities - official says
  + stars: | 2022-12-08 | by ( ) www.reuters.com   time to read: +1 min
GDANSK Dec 8 (Reuters) - Poland's largest lender PKO BP (PKO.WA) is actively seeking out M&A opportunities, the bank's management board vice president Pawel Gruza said during a conference call with investors and journalists on Thursday. "We will actively monitor the market situation regarding realistic acquisition opportunities in order to build our additional competencies," he said, adding that it would take too much time to expand through the bank's existing operations. On the same call, CFO Bartosz Drabikowski said that the bank aims to maintain its dividend policy. "We can imagine that...ROE may even have a '2' in front - of course it depends on the assumptions, conditions," he said. Reporting by Maria Gieldon and Patrycja Zaras in Gdansk; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.
☆ Poland's Alior Bank to launch Alior Pay as part of new strategy
  + stars: | 2022-11-04 | by ( ) www.reuters.com   time to read: +1 min
Nov 4 (Reuters) - Poland's Alior Bank (ALRR.WA) plans to join the fast growing digital payments market at the turn of the year with Alior Pay, a key part of a two year strategy to be announced in early 2023, CEO Grzegorz Olszewski said on Friday. The bank did not give details of the new service, which it announced alongside a third-quarter net loss of 62.6 million zlotys ($13.1 million). That compared with a profit of 150.4 million zlotys a year earlier, and was due in part to the payment holidays enacted by Poland's government to help borrowers cope with higher interest rates. Despite a deteriorating economic backdrop, Alior said it did not expect its 2022 cost of risk - money set aside against risky loans - would exceed last year's 1.6%. ($1 = 4.7939 zlotys)Reporting by Maria Gieldon and Mateusz Rabiega in Gdansk Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.
☆ PKO Bank Polski sells 14.2 mln PKN Orlen shares
  + stars: | 2022-10-18 | by ( ) www.reuters.com   time to read: +1 min
GDANSK, Oct 18 (Reuters) - Poland's biggest bank PKO Bank Polski (PKO.WA) sold 14.2 million shares of oil company PKN Orlen (PKN.WA) at 50.50 zlotys ($10.39) per share, via an accelerated book building process launched on Monday, the bank said in a statement on Tuesday. At the end of September, PKO Bank Polski had signed a deal with Poland's state treasury to buy the stake in PKN Orlen. The deal was linked to PKN Orlen's plan to merge with gas company PGNiG (PGN.WA). read moreOn Sept. 30, PKO Bank Polski and the oil company had also signed a total return swap agreement that was meant to limit the bank's exposure to Orlen's share price fluctuations. At the end of Tuesday's session, PKN's shares closed down 4.5% at 51.68 zlotys ($10.63) each.
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