CEE investment activity on the rise – report

The total commercial real estate investment volume in Central and Eastern Europe reached €4.4 billion in the final quarter of last year, which marks a 27 percent increase y/y, according to the latest report by Cushman & Wakefield. The figure recorded in Q4 brought the combined 2016 volume to mor...

Locked content Automotive industry on the rise in Poland – KPMG

The number of cars produced in Poland has risen by 3.2 percent year-on-year in 2016, reaching 681,000 vehicles, according to the report by KPMG and Polish Automotive Industry Association. The number of new registrations was up by 17.2 percent, meaning that some 416,000 vehicles were registered last ...

Locked content PGZ to buy Naval Shipyard for PLN 224 mln

State-owned Polish Armaments Group (PGZ) was the only bidder in the tender for Naval Shipyard in Gdynia, currently in liquidation, with a PLN 224 million offer. The proposal was accepted by the shipyard’s trustee, overseeing the liquidation process and approved by Gdańsk District Court. The de...

Locked content PGNiG opens LNG trading desk in London

WSE-listed, state-controlled, gas giant PGNiG, has opened its LNG trading office in London aimed to boost its sales. “We’ve considered a number of locations, including Singapore, Houston and Geneva, but we’ve decided on London, despite the recent geopolitical changes. This is where LNG i...