Locked content Left-wing parties to cooperate

The leaders of left-wing parties Democratic Left Alliance and Your Move, Leszek Miller and Janusz Palikot, announced on Tuesday they would cooperate in connection with the recent tape scandal, Polish Radio reports. The two political leaders held a mutual press conference on Tuesday after a meeting t...

Locked content NIK criticizes construction of road sound screens

Poland’s Supreme Audit Office (NIK) has issued a report criticizing the installation of sound screens along Polish highways built before the Euro 2012 championship. In the auditors’ opinion, the money should have been put to better use. The NIK said that screens were installed in many areas where th...
Galeria Mazovia (low res) _Cushman Wakefield for web

Locked content Pbb grants CBRE €21 million loan

Pbb Deutsche Pfandbriefbank has granted a €21 million medium-term loan for the CBRE European Shopping Centre Fund for the acquisition of the Galeria Mazovia shopping mall in Płock. Pbb is the sole lender and hedge provider for the loan. The fund, managed by CBRE Global Investors bought the 28,485-sq...

Locked content Privatization revenue at PLN 769.96 million

Poland’s privatization revenue amounted to PLN 769.96 million after June 2014, according to data from the Ministry of State Treasury quoted by the Polish Press Agency. The total value of dividends paid from state-owned companies amounted to PLN 288.68 million after June, the Treasury also said. The ...

Locked content TGE plans financial market launch

The Polish Power Exchange (TGE) plans to launch a financial market in the first half of 2015, the Polish Press Agency reports. The bourse’s CEO Ireneusz Łazor was quoted as saying the new market will first offer futures. In March, TGE filed a motion for approval from the Financial Supervision Author...
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Amica bids for Spanish Fagor

Polish household goods producer Amica has submitted an offer to buy the assets of bankrupt Spanish market peer Fagor Electrodomésticos Soc. Cooperativa, according to the company’s press release quoted by ISBnews.

Martin SchulzEuropean Parliament

Martin Schulz remains head of EP

Martin Schulz was re-elected president of the European Parliament by MEPs on Tuesday. He will serve another two-and-a-half year term, a press release from the EP said. He won by 409 votes out of 612.

Proximo for web

Locked content Hines with building permit for 30,000-sqm Proximo

Developer Hines has obtained a final building permit for the construction of a 28,385-sqm class A office scheme dubbed Proximo. It will be located at the intersection of ul. Prosta and Przyokopowa, near the Rondo Daszyńskiego subway station in Warsaw’s Wola district. The building is scheduled to be ...