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Locked content Small cities still attractive for retail developers

Two shopping centers and four retail parks, totaling 85,000 sqm of GLA, were delivered to the Polish market in Q2 2014. All of the new projects are located in cities with population below 100,000, according to a report by consultancy Knight Frank. The biggest scheme completed in Q2 2014 is Galeria B...

Locked content Significant rise in consumer loans

Bank and credit unions in Poland granted consumer loans worth PLN 37.7 billion in the first half of 2014, according to data from the Credit Information Bureau (BIK) quoted by the Polish Press Agency. The figure was higher than the one recorded in 2008, when the sector saw its previous peak. In H1 20...

Locked content TV ad market grows in H1

The television advertising market in Poland grew by 5 percent year-on-year in the first half of 2014, according to estimates from Starlink quoted by the Polish Press Agency. The total value of the market reached PLN 1,908 million. According to Starlink, 11 sectors increased their advertising spendin...
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PZU’s fund buys Tauron’s health care firm

TFI PZU, a fund managed by Poland’s largest insurer PZU, has acquired health care firm Elvita Jaworzno III from power utility Tauron, the selling company said in a press release on Tuesday. The deal value was not disclosed.

Locked content AIM listing for Boruta-Zachem possible this year

Chemical company Boruta-Zachem, listed on the NewConnect market of the Warsaw Stock Exchange, may debut on London’s AIM market before the end of this year, the company said on Tuesday. Boruta-Zachem wants to raise funds to complete a new biosurfactant production line, as well as for research and bio...

Locked content Ruch to expand range of services

Newsstand operator Ruch has grown its network to offer a wider range of services. It is now developing cooperation with e-commerce, Ruch’s deputy CEO Dariusz Stolarczyk was quoted as saying by ISBnews. “Ruch would like to be a services firm, offering a wide range of opportunities for the customer,” ...

Locked content Elzab’s revenue grows in Poland and abroad

Cash register producer Elzab is faring better than expected this year, Parkiet reports. The company’s revenue in H1 2014 jumped up by 84 percent year-on-year to PLN 104.2 million, with as much as 59.4 percent attributed to exports. Several months ago the company was counting on gaining a 20 percent ...

Locked content Farmland still expensive but falling in price

In Q2 of the current year, the average price per hectare of farmland in Poland has fallen by 2.4 percent from Q1. On the other hand, land is still on average 10.7 percent more expensive than a year ago, according to data released by the Agricultural Property Agency (ANR). Kujawsko-Pomorskie voivodsh...