Locked content Logistic construction levels highest since 2008

At the end of June, there was 853,000 sqm of logistic space under construction across Poland, the highest volume since 2008, with the majority being built near Poznań (316,100 sqm) and Wrocław (314,600 sqm), advisory CBRE wrote in a report. Poland has 8 million sqm of logistic space. The largest log...

Sikorski: Ukraine should regain its integrity

“Ukraine’s integrity must be restored,” Polish Foreign Affairs Minister Radosław Sikorski said on Monday. He also said that sanctions on Russia should be extended after the shooting down of a Malaysian airliner in eastern Ukraine.

Locked content Hines buys Ambassador office scheme in Warsaw

Real estate fund Hines Poland Sustainable Income Fund (HPSIF), managed by Hines, has acquired the Ambassador office building located in Warsaw from Kronos Real Estate company. The value of the transaction was not disclosed. The Ambassador Office Building is located at the junction of ul. Domaniewska...

Locked content Wind farm construction investigated by NIK

The Supreme Audit Office (NIK) has published a negative evaluation of wind farm projects in Poland, claiming that local authorities ignored citizens’ objections in building wind farms. Furthermore, in many cases decisions were made in favor of personal benefit. According to NIK’s investigation, corr...

What women want

Oksana Zharkova, head of Avon in Poland, the Baltic states and Finland, talks about a company famous for its print catalogs is surviving in the digital age, how women make decisions on which cosmetics to buy and how the beauty industry has changed in Poland and around the world over the years

Locked content General government deficit at 0.9% of GDP

Poland’s general government deficit, calculated according to ESA’10 methodology, amounted to PLN 3.5 billion after Q1 2014, the Ministry of Finance said on Monday. It accounted for 0.9 percent of Poland’s GDP. If transfers from private pension funds were included in the balance, there would be a sur...

UOKiK affirms fair fruit prices, farmers protest

Fruit farmers are protesting against what they claim to be a unreasonably low fruit purchase prices. At the same time the Office of Competition and Consumer Protection (UOKiK), released a statement that there is no price fixing involved in the current fruit prices.

Locked content Prime Minister Tusk fine after operation

Prime Minister Donald Tusk is on sick leave due to a shoulder operation, said government spokesperson Małgorzata Kidawa-Błońska. The operation proceeded without complications. Deputy PM Janusz Piechociński will lead the next government sitting in lieu of Tusk. The next government sitting will confro...

JSW signs long-term contract for delivery of coke

Jastrzębska Spółka Węglowa (JSW), based in Silesia, will deliver coke to Austrian companies Importkohle GmbH and voestalpine Rohstoffbeschaffungs GmbH. The coal mining company signed a contract with the two Austrian partners for an estimated PLN 1.37 billion.