Locked content EY expects stable economic growth

The current forecast made by EY predicts a 3.3 percent growth of the Polish economy in the current year. This is a half a percentage point higher than EY’s previous forecast earlier this year, as reported by IAR. According to EY, the rate of growth should remain rather steady. EY experts predi...

Locked content LNG terminal to be operational on time – contractor

“The terminal will be ready by mid-2015,” Jacek Balcer, head of corporate communications at PBG told Bloomberg. PBG, which is a part of a group of companies led by Italian Saipem, won the tender back in 2010 to build the LNG terminal in Świnoujście. Since than it renegotiated the deal, bringing the ...

Locked content Retail trade down by 0.5% y/y in June – Eurostat

The volume of retail trade in Poland inched down by 0.5 percent year-on-year in June, according to a data release from the EU’s statistics office Eurostat. In month-on-month terms it grew by 1 percent. Throughout the EU retail trade rose by 2.5 percent y/y and by 0.3 percent m/m in June. In the euro...
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Poland eyes new shipping route

Poland’s Ministry of Infrastructure is working on a plan to build a shipping route connecting the Vistula Lagoon and the Gdańsk Bay in the Baltic Sea, Puls Biznesu reports. The project is yet to be consulted before final approval

Image : Grupa Azoty Grupa Azoty

Poland lists 22 state-controlled companies ‘not for sale’

Polish State Treasury Ministry listed 22 companies deemed strategic and not for sale. Firms include chemicals Grupa Azoty, oil giants Lotos and Orlen, utilities PGE and Tauron, lender PKO BP and insurer PZU among others. According to the Treasury these companies “are strategic for the economic secur...
Hala Koszyki
Image : Griffin Group

Locked content Griffin gets green light for Hala Koszyki

Developer Griffin Group has obtained a valid building permit for the redevelopment of retail/office scheme Hala Koszyki in Warsaw’s city center. Construction is scheduled to launch by the end of August and finish in 2016. The project’s total cost is estimated at €80 million. Apart from 6,000 sqm of ...