Saller launches retail park projects in Rawicz and Gryfino

Investor Saller Group has launched construction work on a retail park project in Rawicz in western Poland, which will comprise approximately 3,700 sqm of leasable space. The scheme, which is being built by construction company Budrem, will be located next to the city’s bus station and a Kaufland sto...
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Report: 59% of SMEs implemented innovations last year

As many as 59 percent of Polish industrial SMEs have implemented any innovations last year, according to a report published by Siemens. Out of that number, 37.8 percent of implemented innovations were product oriented, while 32.7 percent concerned improving production technologies and logistics. The...

Locked content PZU plans no new banking acquisitions

Poland’s largest insurer PZU is not planning any new acquisitions in the banking sector, however its banking units might be, company’s CEO Paweł Surówka said in an interview with the Polish Press Agency (PAP). “At this stage of our development, we have satisfied our appetite for acquisitions i...
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Zortrax shareholders approve IPO plans

The shareholders of the 3D printing company Zortax have approved the company’s plan to enter the WSE main market, the company said in a market filing. “Our company has learned how to operate within the framework of financial institutions. Entering the WSE is the next, natural step for us, which will...

Locked content Daily sales down 9.65% in March

The sales of Polish daily newspapers has dropped by 9.65 percent to 726,040 copies in April, according to data by The Association of Control of Press Distribution (ZDKP). The top-selling newspaper was tabloid Fakt with 277,877 copies sold daily on average (7,3 percent y/y and 0.7 percent m/m drop), ...

Locked content Vistula, Bytom launch merger talks

WSE-listed fashion retailers Bytom and Vistula launched talks regarding possible merger, both companies confirmed in a separate market filings. “The negotiation process was launched on April 18. However, the management board would like to point out, that this fact doesn’t mean that both companies wi...

KUKE: Exports soar in March

Euro-denominated exports in March increased by 12.6 percent y/y to €17.43 billion, the Export Credit Insurance Corporation (KUKE). Compared to February, the value of exported goods and services increased by 15.9 percent. For Q2, KUKE forecasts a 6.8 percent increase in euro-denominated exports.

Locked content KGHM abandons stage II Sierra Gorda development

WSE-listed copper and silver producer will not be seeking to continue the second phase of development of its Chilean Sierra Gorda copper mine. “In current macroeconomic situation, the further development of the mine has lost its purpose. It is not being considered at this moment,” KGHM CEO Radosław ...

Locked content NBP: banks expect flat demand for loans in Q2

According to a survey conducted by Poland’s Central Bank (NBP), the banks don’t expect a major shift in demand for loans in Q2, despite not planning any further changes to the lending criteria, which were tightened in Q1. The only segment where they expect an increase is for long-term co...