Image : Echo Investment

Locked content Echo to extend Galeria Sudecka

Developer Echo Investment will extend its Galeria Sudecka project by a 51,000 retail park, the company said in a statement on Monday. It has won a tender to acquire land necessary to build the unit. “The first stage of the retail park will include a 15,000 sqm Leroy Merlin store. In the second stage...
Karolkowa Business ParkImage : Asbud

Locked content Asbud buys Karolkowa Business Park

Development group Asbud has acquired 50 percent in Karolkowa Business Park in Warsaw from CPI, raising its stake in the project to 100 percent. The value of the deal has not been disclosed. The project is currently under development and is scheduled to be delivered in January 2015. It comprises 17,8...
Image : Sejm RP/Ivona Kaplan

Kopacz seen as successor of Tusk

A number of politicians see Sejm Speaker Ewa Kopacz as Poland’s next prime minister after Donald Tusk assumes his newly acquired post of European Council president.

Locked content State-controlled companies to invest PLN 100 bln

State-controlled companies will invest PLN 100 billion in the next several years, deputy Minister of State Treasury Rafał Baniak said at the Investment Forum in Tarnów on Monday. According to Baniak, the Polish economy and investment conditions are decent and the new undertakings will be profitable ...

Locked content Russia builds new gas pipeline

Russian gas giant Gazprom, one of the main gas providers to the EU, has initiated construction of a new gas pipeline “Force of Siberia”, reports IAR news agency. The target market for the gas is China. “The new pipeline, which in the future is said to be connected with Russian European g...

Locked content Tauron not planning bond issue

Major Polish utility Tauron will not issue bonds in 2014, the company’s CEO Dariusz Lubera was quoted as saying by the Polish Press Agency on Monday. Earlier this year, the company’s deputy CEO Krzysztof Zawadzki had said that a debt issue worth PLN 2 billion was possible in late September or early ...

Locked content Sikorski on Russia and Moldova

Radosław Sikorski, Poland’s minister of foreign affairs who took part in European Initiative Group summit in Kishinev, Moldova, has expressed his concerns about the Russian conflict and hopes resulting from Moldova’s association agreement with the EU, reports IAR news agency. According to Sikorski, ...

Locked content Empik gets rid of fashion segment

Retailer Empik Media & Fashion has completed talks on the conditions of the sale of its key fashion stores in Poland, the company said in a statement on Monday. The transfer of the assets should take place in Q3 and Q4 2014. The last talks on the deal value are under way, Empik said. During̷...
Image : Shutterstock

Ukraine wants to import Polish coal

Ukraine, the second European coal exporter plans to import more coal from Poland, reports Parkiet daily. This is the result of the Russian-Ukrainian crisis and war in the Donetsk region – the Ukrainian prevalent coal hub.