Dom Development planning to enter Tri-city market

Warsaw Stock Exchange-listed residential developer Dom Development has signed a letter of intent regarding the acquisition of part of the Eurostyl capital group, which is active in the residential market in the Tri-city area. Dom Development has been granted the exclusive right to negotiate the acqu...

Locked content High number of bonds of large Polish companies set to mature in 2017

An exceptionally high number of corporate bonds, including many listed on the Catalyst market of the WSE, are set to mature this year, and that could create opportunities for new investors, due to a high availability of bond repurchases, according to Michał Sadrak at Obligacje, a group of investment...

Locked content Wojas sees big year-end increase in sales

Polish shoe producer Wojas reported in a press release on Thursday that its consolidated sales were PLN 22 million in December, a 17 percent increase, y/y. It also reported that revenues from these sales amounted to PLN 18.15 million, which represented a 10 percent increase, y/y. During the entire y...

Locked content Poland opens consulate in Northern Ireland

With about 30,000 Polish nationals living in Northern Ireland, the Polish government has decided to open a consulate in Belfast this year. It will provide full diplomatic service to Poles living in the UK territory, the Irish News reported on Thursday. Witold Waszczykowski, the Polish Foreign Minist...

Locked content Coccodrillo has a lucrative December

Coccodrillo, the showcase brand of children’s clothing manufacturer and distributor CDRL, increased it revenues by PLN 13 million in December, according to a press release from the company on Thursday. The company attributed its growth in sales partly to increased use by customers of its e-shopping ...

Exeter acquires logistics park in Szczecin

American investor Exeter Property Group has finalized its acquisition of the North-West Logistic Park warehouse and production complex in Szczecin in north-western Poland from Waimea Holding. Colliers International represented the buyer in the transaction whose value has not been disclosed. North-We...