Locked content First debut on the New Connect to take place this Thursday

The fund and assets management company, Money Makers TFI, will begin trading on the NewConnect market of the WSE on Thursday, January 5, the Warsaw Stock Exchange announced in a statement on Wednesday. The debut will precede the sale of 104,500 series-G shares, which will be priced at PLN 1.5 each. ...

Poland looks to continued EU funding through 2020

Poland will continue to be a net benefactor of transfer funds from Brussels through 2020, but inflows will likely dissipate over the remaining three-plus years of the operational and infrastructural funding program, according to investment experts who participated in a debate at the Warsaw Enterpris...

Atal with record 2016 apartment sales results

Warsaw Stock Exchange-listed developer Atal sold 2,436 apartments in 2016, which marks a 44 percent increase upon the previous year when the company offloaded 1,689 housing units. The developer hopes to further improve its apartment sales in 2017 as it continues to step up its development activity a...

Locked content Poland-Chinese freight train extends route to London

Chinese Railways, one of the companies vying for more European business under the Polish-Chinese Memorandum of Understanding signed last year between the two countries, has extended its freight service to a 15th European destination – that of London, according to a report in the BBC on Wednesday. Th...

Locked content KGHM, Hutmen enter into lucrative agreement

One of Poland’s biggest manufacturers of copper rods and piping has signed an agreement with copper mining company KGHM worth PLN 229 million, according to a press release by Hutmen on Wednesday. Under the terms of the contract, KGHM will supply 11,000 tons of copper, annually, to Hutmen for its pro...

Anchor tenant stays in Forum Gliwice mall

Retailer Carrefour has renewed its lease agreement for more than 6,000 sqm of space at the Forum shopping center in Gliwice. The company, which is one of the anchor tenants in the mall, will stay in the property at least till June 2022. One of the largest shopping centers in Silesia, Forum offers 43...

GIC completes €2.4 bln acquisition of P3

Having received the go-ahead from EU regulators, Singapore’s sovereign wealth fund GIC has finalized its acquisition of logistics space developer P3 from TPG Real Estate and Ivanhoé Cambridge. The transaction, first announced in November last year and valued at €2.4 billion, is one of the larg...

Locked content Mining industry’s financial health improving – Energy Minister

Krzysztof Tchórzewski, Poland’s Minister of Energy, said that EU funds have helped to improve the financial situation of the country’s mining industry. He was writing, on Tuesday, in response to an earlier question posed by another Polish PM. “The aid [for Poland’s mining sector] approved by the Com...