The Polish steelmaker has decided to resume its secondary public offering, intending to raise at least PLN 38 million for debt reduction. Today, the Management Board of Cognor Holding S.A. (Cognor, the Company, the Group) adopted a resolution to resume the suspended share offering and submitted an application to approve… Read more >

Cognor Holding announces intention to conduct secondary public offering


Cognor Holding S.A. (Cognor) plans to carry out a secondary public offering (Offering) in the coming weeks Cognor intends to issue between 25.4 million and 67.3 million series 11 shares without pre-emptive rights and with nominal value of PLN 1.5 each Cognor’s objective is to raise PLN 101 million in… Read more >

Steel producers overcome crisis


Steel production in July reached the highest level since 2008, according to Puls Biznesu. Clients are buying due to fears of price hikes, and Polish producers are re-gaining market share. According to analysis from, cited by the daily, 940 000 tonnes of steel was produced in July in Poland.… Read more >

Cognor Holding: revenue and profit up in first half-year


Cognor Holding's consolidated revenue for the first half of 2017 reached PLN 834 million (+15% y/y), with EBITDA of PLN 73.3 million (+55% y/y), operating profit of PLN 53.7 million (+84% y/y) and net profit of PLN 36.8 million. In the second quarter of 2017 Cognor generated PLN 404 million… Read more >

Cognor confident about third-quarter results


"Despite planned repair stoppages at two steel facilities, Cognor is not expecting this to be very visible in its results," Krzysztof Zoła, CFO of Cognor S.A., told ISBNews.  Krzysztof Zoła recalled that in the third quarter of last year Cognor felt impact from a technical stoppage at one steelworks. "This… Read more >

Cognor gets into car (Puls Biznesu)


The listed company will conduct an equity issue - the aim is to reduce debt and generate savings. Thanks to this, the company will finance steel innovations for the automotive and mining industries," according to Puls Biznesu. Przemysław Sztuczkowski, CEO of the listed company, expects the project to be completed… Read more >