Locked content PKO BP Q1 profit down

WSE-listed PKO BP posted a PLN 525 million attributable net profit in Q1, down by 17.8 percent y/y PKO’s total assets increased by 1 percent q/q to PLN 288.5 billion, loans remained flat at PLN 200.6 billion. Deposits were up by 1 percent to PLN 207.1 billion. Net interest income increased to PLN 2....

Locked content LNG terminal in Świnoujście beats 3 mln CM threshold

The LNG terminal in Świnoujście accepted 15 deliveries totaling 3 million cubic meters of LNG. Ships usually carry 200k cubic meters of LNG each, which after gasification process turns into 120 million cubic meters of gas. “One such delivery could fulfill the country’s needs for three days,” t...

Robyg to launch new residential project in eastern Warsaw

Warsaw Stock Exchange-listed residential developer Robyg plans to launch its first project in the popular Białołęka district in the eastern part of the Polish capital. The new scheme, called Osiedle Życzliwe and located in the Tarchomin area of Białołęka, will comprise a total of approximately 800 a...

Skanska working on new office building in Warsaw’s Wola

Developer Skanska Property Poland has launched construction work on the second building in its Spark office complex in Warsaw’s Wola district. The ten-floor building “B”, which will offer almost 18,000 sqm of leasable space, is scheduled for completion in the first quarter of 2019. The entire ...