Image: Avestus Real Estate

Avestus to launch Imagine office project in Łódź in Q3

Developer and investor Avestus Real Estate will in the third quarter of this year launch construction work on its Imagine office project in Łódź, which will comprise a total of 14,500 sqm of office space and 2,300 sqm of retail and service area in two buildings. A third building will accommodate par...

Locked content V4 leaders sign the Warsaw Declaration on innovation

The leaders of Visegrad Group members – Poland, Slovakia, Hungary and Czechia, signed the Warsaw Declaration on innovation in the CEE during the Innovation Summit held in Warsaw. “The declaration opens up a path to innovation, so that the CEE region can be competitive with the most innovative global...
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YouTube CEO visits Poland. Gets Polish passport

Susan Wójcicki, CEO of YouTube, visited Poland and renewed her Polish passport. Wójcicki is the daughter of Polish-American physics professor Stanley Wójcicki, and granddaughter of Franciszek Wójcicki who was a Polish MP between 1947-52. Her grandmother Janina, moved to the US in 1949, while her the...

Locked content Tauron to spend PLN 1.8 bln on distribution this year

WSE-listed power utility Tauron plans to spend some PLN 1.8 billion on the distribution segment this year to increase efficiency and security of electricity deliveries, the company said. Back in March, company’s deputy CEO Marek Wadowski said that Taiuron will spend over PLN 4 billion on CAPEX...

Pengab banking sentiment indicator continues its rise in March

The Pengab index, which measures conditions in the banking industry, grew by 7.1 points month-to-month to 30.2 points in March, according to the Monitor Bankowy report issued by TNS Polska. This is the highest score in nine months. In February of last year, the indicator registered 22.5 points.

Locked content Poland to spend millions on digitizing Smoleńsk plane

The Polish defense ministry plans to develop a system able to digitally scan large planes. The cost of the project is estimated at PLN 3.5 million. The ministry plans to use it, among other things, to digitally recreate the Tu-154 plane, that crashed in Smoleńsk killing President Lech Kaczyński and ...

Locked content Griffin Premium sets IPO price at PLN 5.7 – media

Griffin Premium Real Estate, has set the final price in its initial public offering (IPO) at PLN 5.7 per share, according to market sources quoted by Polish media. The book building process ended on Tuesday in which the maximum possible price was set at PLN 6.5. Griffin Premium RE will sell between ...

Locked content Poland to leave Eurocorps?

Poland will withdraw from the Eurocorps force, RFM FM radio said, citing unnamed EU diplomat. The news was confirmed by the military body spokesman, who said to AFP that Poland will leave Eurocorps by 2020. “It is the decision of the Polish government,” Colonel Vicente Dalmau. However, Poland’...

Locked content Visegrad Group ‘won’t be blackmailed’ over EU migrat...

The leaders of Visegrad Group members – Poland, Slovakia, Hungary and Czechia, said that they won’t be blackmailed by threats of blocking the EU funds if they don’t participate in the relocation of thousands of refugees from the Middle East. Claiming that such decision should be a sovere...