Locked content AmRest Q1 profit below expectations

WSE-listed restaurant operator AmRest posted a PLN 20.6 million attributable net profit in Q1, way below consensus expectations for PLN 40.6 million, mostly due to increased costs. Revenues amounted to PLN 1.14 billion, in line with expectations and 33.7 percent y/y increase, in line with preliminar...

Locked content PGNiG urges EU to take a tough stance on Gazprom

WSE-listed, state-owned gas giant PGNiG asked the European Commission to take a tough stance in its antitrust investigation against Gazprom, proposing that the Russian behemoth should pay fines and was forced to sell its assets. “The European Commission should financially punish Gazprom and create c...

Major tenant stays in Logistic & Business Park Bydgoszcz

FMCG sector company PHUP Gniezno has renewed its agreement for the lease of a total of almost 4,700 sqm of warehouse and office space in the Logistic & Business Park Bydgoszcz complex in northern Poland. Cushman & Wakefield represented the tenant in the transaction with London & Cambridg...
Image: PHN

PHN, Chopin Airport Development mull joint investments

State majority-owned, Warsaw Stock Exchange-listed commercial real estate investor and manager Polski Holding Nieruchomości (PHN) and Chopin Airport Development, a subsidiary of state-owned airport operator Przedsiębiorstwo Państwowe “Porty Lotnicze” (PPL) have signed a letter of intent regarding th...
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The 9th European Economic Congress has ended – on business and t...

132 sessions, 700 speakers, over 9,000 participants, including 660 media representatives – the ninth edition of the European Economic Congress (EEC) has ended in Katowice. The Congress was attended by representatives of the EU administration, the Polish Government, the Polish and EU Parliaments, Min...

Panattoni to deliver 30,000-sqm factory for Reuss Seifert

Industrial space developer Panattoni Europe is now building a 30,000-sqm factory at Nowa Sól in Lubuskie voivodship in western Poland for Reuss Seifert, a German-based supplier of components for the construction industry. The facility will be located within the Kostrzyn-Słubice Special Economic Zone...
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Polish retail is doing well

On 7–8 June at National Stadium in Warsaw the 4th edition of the ReDI Fair, the largest retail real estate industry event in Central and Eastern Europe, will take place. These two days will be an opportunity to meet for 1,400 representative of the retail industry, including nearly 400 retailers.

Locked content Two killed in blast at gunpowder factory in Lower Silesia

Two people died and 15 were injured in a massive explosion at a gunpowder factory in Mąkolno, Lowe Silesia. Firefighters recovered the bodies from the ruins of the factory which was completely destroyed in the blast. The explosion occurred at around 10 AM on Wednesday and the smoke was visible from ...