Cornerstone laid for .KTW offices in Katowice

Investor TDJ Estate has recently held the cornerstone laying ceremony at the construction site of the .KTW I office project in downtown Katowice, which will be located just next to the city’s iconic Spodek building. Builder Strabag is acting as the general contractor for the scheme, which is s...
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Locked content Women more rational in face of debt – survey

As many as 24 percent of Polish women consider their understanding of financial matters as poor, while only 15 percent of Polish men admitted to insufficient financial acumen, according to a survey conducted by pollster Ipsos for educational platform Kapitalni.org. Only 21 percent of women declared ...

Locked content Ronson’s profit 131% up y/y

Developer Ronson has recorded PLN 485 million in revenue in 2016, a 72 percent increase year-on-year, the company stated. Profit before tax from sales stood at PLN 118.7 million, which is a 131 percent increase over last’s year’s result. The developer recorded net profit of PLN 64.5 mill...

Locked content PZU increases its share on the insurance market

Poland’s biggest insurer’s PZU market share in the insurance sector has increased to 33.3 percent (2.2 percent growth) in Q3 2016, according to data released by the Polish Financial Watchdog KNF. Five biggest Polish insurance companies control 58.93 percent of the market (2 percent q/q i...

Locked content Poland’s new CHF mortgage stance positive for banks – Mood...

Poland’s reversal of the stance to CHF mortgage conversions is credit postive for Polish banks, Moody’s rating agency said. “Jarosław Kaczyński indicated that the government would not force the conversion of Swiss franc mortgage loans to Poland’s local currency, the złoty, a revers...