Locked content Emperia with PLN 15.78 Q2 net profit

WSE-listed retailer Emperia posted a PLN 15.78 million attributable net profit in Q2, 46.3 percent up y/y. Operating profit was up by 35.1 percent to PLN 17.55 million, while revenues amounted to PLN 631.7 million, a 7.8 percent y/y growth. Emperia’s search for an investor is going in line wit...

Locked content Unibep H1 net profit on the rise

WSE-listed developer Unibep recorded a consolidated net profit of PLN 14.71 million in H1 compared to PLN 13.94 million profit a year earlier. EBITDA amounted to PLN 18.43 million, compared to PLN 19.63 million, last year. Sales revenues amounted to PLN 673.2 million in H1, up from PLN 501.55 millio...

Locked content Vistula with PLN 14.02 mln Q2 net profit

WSE-listed fashion retailer Vistula recorded a PLN 14.02 million Q2 net profit, up from PLN 12.12 million net profit last year. Operating profit amounted to PLN 20.77 million vs. PLN 17.69 million gain a year earlier. Sales revenues increased to PLN 171.92 million from PLN 154.28 million a year earl...
Image: HB Reavis

HB Reavis completes West Station project in Warsaw

Developer HB Reavis has finished construction work on the second and final building in its West Station office complex in Warsaw, which has delivered an additional 38,000 sqm of space. The new building and the West Station I building, which the company completed last year, together offer 68,500 sqm ...
Image: JLL

JLL to commercialize The Warsaw HUB complex

Developer Ghelamco Poland has selected JLL as the exclusive leasing agent responsible for commercializing office and retail space in its ongoing The Warsaw HUB mixed-use project in the Polish capital. The largest scheme of Ghelamco in Poland to date, The Warsaw HUB is being developed near Daszyńskie...

Locked content Slovenian PM: I would support sanctions against Poland if needed

Slovenian PM Miro Cerar said that his country would support punishing countries who infringe on EU’s core values. “If somebody would seriously endanger the rule of law in Europe, then Slovenia would support sanctions if they were needed,” he said in an interview with Bloomberg, pointing fingers at W...

Locked content Tightening the VAT gap will bring PLN 20 bln this year – Morawie...

Thanks to measures undertaken to tighten the VAT gap, this year, the government’s revenue from VAT should increase by PLN 20 billion, according to Deputy PM Mateusz Morawiecki. He added that the tax services “restored the gravity of the state.” According to Morawiecki the extra revenue will cover th...

Morawiecki: This year’s deficit to be around 2.5% of GDP

Poland’s general government deficit be around 2.5 percent of gross domestic product this year, Deputy Prime Minister Mateusz Morawiecki said. “This budget for sure will be a very safe one. I think that the general government deficit will oscillate at around 2.5 percent, maybe a little bit more,” Mor...