EU subsidies reach PLN 119.4 bln

The value of EU subsidy applications submitted by August 27 amounted to PLN 238.3 billion, according to data released by the Ministry of Development. Till that date, 21,408 contracts for the EU co-financed projects amounted to PLN 119.4 billion in EU subsidies.

Locked content Torpol with new deals worth PLN 528 mln

WSE-listed railway infrastructure builder Torpol signed two deals with railway infrastructure firm PKP PLK. One, for net PLN 289.5 million (gross PLN 356.1 million) for the works on the part of 219 railway line connecting Szczytno with Ełk. And the second one, worth gross PLN 172.3 million, for the ...

Locked content PKP PLK with PLN 13 bln deals so far this year

The value of contracts signed so far this year by state-owned railway infrastructure operator PKP PLK reached PLN 13 billion, the company announced. The company plans to spend, starting from next year, over PLN 10 billion on railway infrastructure, with PLN 5.5 billion earmarked for this year. Earli...

Locked content Polimex-Mostostal with PLN 34.7 mln Q2 profit

WSE-listed builder Polimex-Mostostal posted a PLN 34.7 million net profit in H1 2017, up from PLN 52.7 million loss a year earlier. Revenues in the first six months dropped to PLN 1.13 billion, compared to PLN 1.27 billion last year. The company blamed the loss in revenue on its projects in the ener...

Locked content PKO BP Q2 profit slightly down

WSE-listed lender PKO BP recorded a PLN 857 million consolidated net profit a 1.8 percent drop y/y. Net interest income amounted to PLN 2.11 billion vs. PLN 1.9 billion a year earlier. Net fee and commission income amounted to PLN 733 million compared to PLN 667 million last year. At end-Q2, bank as...
Image: Savills

Savills re-commercializing Centrum Krakowska 61 in Warsaw

Savills has been appointed as the exclusive leasing agent responsible for the re-commercialization of part of the retail space in the Centrum Krakowska 61 complex in Warsaw. The complex is to be modernized in the near future with one of the buildings, comprising 11,800 sqm, set to get a complete mak...

GTC with almost €400 mln in financing and re-financing in H1

Warsaw Stock Exchange-listed developer Globe Trade Centre (GTC) has revealed it secured a total of almost €400 million in financing and re-financing in the first half of this year. The volume includes loans refinancing existing projects valued at €221.5 million, loans financing construction of new p...
Image: Cushman & Wakefield

Just Gym leases 1,700 sqm in Elbląg’s Ogrody mall

Fitness club Just Gym will occupy a total of approximately 1,700 sqm of space on the second and third floors of the Ogrody shopping center in Elbląg in north-eastern Poland. The tenant is expected to start operating in the mall later this year. Owned by CPI Poland and managed by Cushman & Wakefi...