Locked content No Ebola threat in Poland

The Chief Sanitary Inspectorate (GIS) has assured Poles that there is currently no threat related to the Ebola virus in the country. “For the time being the situation does not force Poland to take on any extraordinary measures,” said  GIS spokesperson Jan Bondar. On Friday the World Health Organizat...

Locked content Poles’ purchasing power up to PLN 950 billion in 2014

The purchasing power of Polish consumers increased to PLN 950 billion in 2014, from PLN 939 billion in 2013, according to a study by research firm GfK Polonia. “The average Pole has PLN 24,653 of disposable income in 2014, which he can spend or save” the firm said. Last year, the average consumer ha...
Lipowy Office Park
Image : CA Immo

Locked content Office investment deals at €700 million in H1 2014

Office properties dominated the investment market in Poland in the first half of 2014, with the deal volume in this segment accounting for over 50 percent of the total investment value of €1.4 billion, real estate advisory DTZ wrote in a report. The retail sector came in second, with a 26 percent ma...

Locked content Magellan increases bond issue

Health care sector financial services firm Magellan has increased the value of its bond issue program, managed by mBank, from PLN 450 million to PLN 550 million, the company said in a market filing on Friday. In early August 2013, Magellan raised the value of the bond program from PLN 370 million to...

Locked content More than 2.2 mln OFE re-applicants

As of August 7, more than 2.2 million Poles have declared that they want part of their pension contributions to private pension funds (OFEs), according to data provided by the Social Insurance Institution (ZUS). The figure exceeds earlier estimates. A week earlier ZUS president Zbigniew Derdziuk sai...

Locked content Champions League not for Legia Warszawa

Winners of the Polish top league Ekstraklasa, Legia Warszawa, after spectacularly winning with Celtic Glasgow 4:1 and 2:0, have been disqualified from further matches in the Champions League. UEFA’s decision is based on the fact, that from 87th minute of the second match, Legia’s player ...

Locked content T-Mobile Polska sees revenue drop in H1

T-Mobile Polska, the Polish mobile telephony arm of Deutsche Telekom, generated a revenue of PLN PLN 1.52 billion in the second quarter of 2014, the company said in a press release. Revenue grew by 4 percent quarter-to-quarter. In H1 2014, T-Mobile Polska’s revenue declined by 9.8 percent year-on-ye...