Progress in 2023 & results 2023 has been a very successful year for XTPL. The company signed various new distribution agreements (e.g. with Detekt Technology for Taiwan, with CWI Technical Sales & Ontos Equipment System INC for North America) and received new patents (e.g. in Malaysia, US, Germany, China, Vietnam). While the number of Delta […]
On October 15, 2023, the parliamentary election were held in Poland. The incumbent socially conservative political party, Law and Justice (PiS) faced strong opposition primarily from the Civic Coalition (KO), representing the centre to centre-left. The voter turnout reached 74.4%, marking the highest in the history of Third Polish Republic since 1989. Although PiS had […]
New orders & financials so far in 2023 In Q1/23, XTPL generated revenues of PLN 3 million from sales of products and services, representing a significant year-on-year growth of 219.9%. Revenues from grants amounted to PLN 605k (compared to PLN 689k in Q1/22). The gross margin stood at 60.4% (compared to -29.4% in Q1/22). After […]
With currently 777 listed companies (main regulated market + the alternative NewConnect segment), a combined market capitalization of PLN 1.3tr/EUR 285.9bn and a daily turnover of PLN 1.1bn/EUR 249.1m, the Warsaw Stock Exchange is by far the largest and most liquid stock exchange in Emerging Europe. Given the economic catchup potential of the region, other […]
According to latest data published last week, the assets of PPKs already reached PLN 14.9bn/EUR 3.2bn. The pension plans, which were only introduced in 2019 and are co-financed by employees, employers and the Polish government, are quickly adding participants, with 3.3m (43.7% participation rate) of employees already in the program. Only in the last two […]
With a share of 26.6% of industrial production in total GDP, Germany is the most industrialized EU country. The German chemical, machine-building and automotive sectors are world leading and many family-owned companies are dependent on them. Especially, the chemical sector is regarded as the most energy-intensive one, together with the metal processing industry. According to Statista, in 2022 309,030 […]