Locked content Car insurance up by 45% in March

The third-party car insurance (OC) price has gone up by 45 percent in March y/y and stood at PLN 1,054 on average, according to the mfind.pl insurance comparison website. The biggest hike was in Warsaw, were insurance prices went up by 79 percent. The most expensive insurance was in Wrocław, were dr...

Locked content LPP enters Belarus

WSE-listed fashion retailer LPP opened its first shops in Belarus. The first LPP brands to have its outlets in Minsk Gallery include Reserved, Cropp and House, with the Reserved store having 2,000 sqm. LPP has franchised its brands to local partners – Rapa Group (Reserved) and TDM Import (Cropp, Hou...

Locked content Poland’s leasing market is worth PLN 15 bln in Q1

Poland’s leasing market grew by 12.7 percent y/y to PLN 15 billion in Q1, leasing industry lobby Związek Polskiego Lesingu (ZPL) said. Light vehicles (up to 3.5 metric tons) accounted for 44.6 percent of the market, followed by heavy vehicles with 28.2 percent share, while machinery and IT acc...

BBI gets financing for two Koneser buildings in Warsaw

A subsidiary of Warsaw Stock Exchange-listed developer BBI Development has secured more than PLN 43.2 million in bank financing from Pekao SA for buildings ‘E1’ and ‘E3’ in the Centrum Praskie Koneser mixed-use project in the Polish capital. The loan is to be repaid by the end of September 2019. The...