Locked content GDP seen growing at 3.3% in 2014

Poland’s gross domestic product is expected to grow by 3.3 percent in 2014, according to the latest forecast by the Ministry of the Economy. “We expect the economic growth rate in 2014 to accelerate in comparison with 2013 and reach 3.3 percent,” the ministry wrote. “Domestic demand will take over t...
Image : Panattoni Europe

Locked content Panattoni buys land for Poznań logistics park

Industrial property developer Panattoni Europe has purchased 18 hectares of land for a new logistics complex dubbed Panattoni Park Poznań IV, the company said on Monday. Construction of the first 35,000-sqm building may now be launched. Panattoni Park Poznań will be located in Komorniki near Poznań ...

Locked content Registered unemployment 11.8% in July – analysts

Analysts surveyed by ISBnews agency expect the registered unemployment in Poland for July to be 11.8 percent. It would then be 0.2 percentage points lower than in June. In the beginning of July the Polish Ministry of Labor and Social Policy ascertained the unemployment rate to be 11.9 percent. On th...

Locked content Kujawsko-Pomorskie supports R&D investments

The Kujawsko-Pomorskie voivodship in northern Poland wishes to start an additional call for applications in its research and development investment support program, reports Puls Biznesu. The companies from the voivodship have already received a total of  PLN 6.7 million from the “Research Vouc...
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Majority of Poles positive about nuclear plant

The number of Poles accepting the construction of a nuclear plant in the country amounts to 64 percent, while 25 percent are against it, the IAR press agency reports. The survey was conducted by the Polish Institute of International Affairs (PISM).

Image : VGP

Locked content P3 buys warehouses in Czech Republic

Logistics property developer PointPark Properties (P3) has agreed on the acquisition of a 627,000 sqm portfolio of warehouses and logistics grounds in the Czech Republic. The transaction value was €523 million. Tristan Capital Partners and VGP were P3′s advisors in the deal In the Czech Republ...
Image : Grupa Lotos

Lotos inks Polish Investments deal

Lotos Petrobaltic, a unit of Poland’s second largest oil firm Grupa Lotos has signed financing deal with Polskie Inwestycje Rozwojowe, operator of the Polish Investments program, and with lenders BGK and Bank Pekao.

Locked content Alcohol industry sees negative growth

After the increase of alcohol excise tax as of January 1, the state’s income from that tax is lower, amounting to PLN 64 million less than the last year. However, excluding January numbers, which were the result of chain stores’ alcohol accumulation, the income was PLN 567 million lower than i...

Locked content Cedrob wants to raise stake in PKM Duda

Meat processing company Cedrob has announced a tender offer for 23 percent in sector firm PKM Duda. It is offering PLN 7.40 per share, putting the potential deal value at PLN 47.3 million. If the offer is successful, Cedrob will raise its current stake in PKM Duda to 32.99 percent. Cedrob said that ...

Locked content Israel company Enlight to build 200 MW of windmills

Enlight, part of the Eurocom Group, one of the biggest Israeli companies, wishes to invest in Polish windmills, reports Puls Biznesu. The project is going to cost €200 million and will result in 200 MW of power. Enlight is now worth nearly €60 million, but it is growing fast. Now, it controls 18 per...