Locked content PGNiG lowers planned EBIDTA in its strategy update

WSE-listed gas group PGNiG plans to generate an average EBITDA of PLN 5.6 billion per year throughout 2017-2022 period. For the 2023-2026 period, EBIDTA should grow to PLN 9.2 billion per annum on average, the company said in its updated strategy. The previous strategy, posted in April last year, as...
Warsaw Stock Exchange Image : WBJ

WSE CEO steps down before assuming office

Warsaw Stock Exchange appointed CEO Rafał Antczak stepped down from his office, before he even assumed it, citing personal reasons. Antczak was appointed CEO back in January, but his nomination had to be approved by the financial market regulator KNF, as he did not have the required three-year long ...

Warsaw to show a strong presence at MIPIM fair in Cannes

Like in previous years, the City of Warsaw is going to showcase it municipal land offer and woo real estate investors at the MIPIM international property fair, which starts in Cannes, France on March 14. Warsaw City Hall will this year be welcoming visitors at an enlarged, 105 sqm stand where ten of...

Cornerstone laid for Granaria mixed-use project in Gdańsk

A cornerstone-laying ceremony has recently been held at the construction site of the Granaria mixed-use project in Gdańsk, which will involve the development of a total of approximately 60,000 sqm of office, retail and residential space, as well as a 13,700 sqm, Holiday Inn-branded hotel with 236 ro...

Locked content Bogdanka buys back PLN 300 worth of bonds, before their maturity

Mining firm Bogdanka has signed an annex to its bond buyout program and will buy back bonds worth PLN 300 million before they have matured by the end of March, the company stated. Originally, the bonds were to mature on June 30, 3017. The bond program was established in 2014 and included two tranche...
Image : shutterstock

Poles build houses before they are 40, usually in the countryside

Poles usually build their own house in the countryside (57 percent of them choose the countryside for their residence), while only 19 percent build a house in a city of over 50,000 residents and 9 percent in a city of over 500,000 residents, according to a report by web portal oferteo.pl. As many as...