Tax authorities buy two office buildings in Warsaw

Poland’s tax authorities have bought two office buildings in Warsaw from Satoria Group, which will house one of their offices in the city. Walter Herz brokered the transaction whose value has not been disclosed. The buildings are located on ul. Ciołka in the Wola district of the Polish capital...

Locked content ARP says coal sales comparable to previous years

In spite of a reported reduction in coal production in 2016, the Agency of Industrial Development (the ARP) stated in a press release on Monday that there was reason for optimism. “It is worth noting that sales of coal, amounting to [approximately] 73 million tons, are comparable with the average sa...

Murapol investing in Berlin

Polish developer Murapol is expanding its residential developments in Germany. On Monday, the company issued a press release in which it stated that it will construct 120 apartments in the German capital. “In June of 2016, the group bought land worth PLN 7.1 million, on which will be completed a pro...

Locked content ABC Data reports sales down in December

IT hardware and consumer electronics distributor ABC Data reported in a press release on Monday that its consolidated sales in December were PLN 535 million. This was a decrease from PLN 578 million in November. However, it also reported that its overall sales, y/y, had improved in 2016. During the ...

New office space supply reaches record levels

The office property market in Poland last year saw the highest development activity in its whole history, with approximately 800,000 sqm of space having been completed across the country in that period, according to JLL data. This marks a 25 percent increase on the new office supply recorded in 2015...

Locked content Parliament prepares to reopen session in alternate chamber this week

Poland’s Parliament is scheduled to resume session on Wednesday, but the ruling party (PiS) is preparing to move the session if necessary. It wants to conduct the session in the Hall of Columns, an alternative chamber within the parliamentary building, in the case of the main chamber being blocked b...

Locked content Bird flu scare in southwestern Polish town

Włochy, a village of about 200 people located approximately 60 kilometres east of Wrocław, has confirmed an outbreak of bird flu, the press office of the governor reported on Sunday. A few days ago, farm animals were reported to be infected with the disease in the municipality of Cisek, further sout...

Locked content Poland’s deputy vice premier in India to drum up business

The deputy vice premier of Poland, Piotr Gliński, who is leading a Polish government and business delegation, will meet with Indian delegates and international delegates at an economic summit in India, the Ministry of Development wrote in a press release on Sunday. Gliński’s business will include a ...

Locked content Wizz Air sees large increase in business in Poland

Budget airline Wizz Air increased the number of passengers on its routes flying to and from Poland by 13 percent, y/y, the airline stated in a press release over the weekend. During 2016, Wizz transported just under 7 million passengers, on 146 international routes. In 2015 the airline had 5.8 milli...