Image: Atal

Atal launches new residential project in Warsaw

Warsaw Stock Exchange-listed developer Atal has launched apartment sales in the first phase of its Osiedle Warszawa residential project located near Al. Jerozolimskie in the Włochy district of the Polish capital. On offer are a total of 119 housing units in two five-story buildings. The first phase ...

Capital Park to launch ArtN project in Warsaw in November

Developer and investor Capital Park has revealed that construction work on its flagship Warsaw project – ArtN in the Wola district – will get underway in November. The company hopes to soon select the general contractor and secure financing for the mixed-use scheme. The ArtN development will involve...

Locked content Emperia wants to increase its Stokrotka chain to 444 stores this year

WSE-listed retailer Emperia wants to increase the number of its Stokrotka chain by at least 40 outlets this year, the company said in a market filing. The company currently has 400 stores in its network and plans to have 444 by the end of the year. LfL sales in Stokrotka stores amounted to PLN 1.05&...

Locked content PORR with PLN 318 mln deal

PORR Polska signed a PLN 318 million deal to build a ring road for Nowe Miasto Lubawskie, beating 13 competitors in the tender, General Directorate for National Roads and Motorways said. According to the deal terms, the construction should be completed in 34 months with a 10-year warranty provided. ...

Locked content Vistal files motion for remedial proceedings

WSE-listed steel construction producer Vistal has submitted a request for the opening of the remedial proceedings, the company said in a market filing. “The decision was dictated by the need to protect the rights and interests of the company, its shareholders, and its partners. The company has decid...

BIEC drops in September

The leading indicator of economic sentiment (WWK) in Poland estimated by the Bureau for Investments and Economic Cycles (BIEC) dropped by 1.6 points and stood at 168.3 points in September.

Locked content Poland to produce over 600k cars this year – report

Car production this year may exceed 600k, according to the Polish Automotive Industry Association and consultancy firm KPMG. Last year, Polish factories manufactured 554.6k cars. “Growing output is mainly due to the good situation on the main export markets, where a significant part of the Polish pr...

Locked content Rafako to fire up to 276 of staff by end-July’18

WSE-listed engineering firm Rafako will lay off up to 276 employees by the end of July 2018, the company said in a market filing. The number is lower than 325 previously expected. Rafako reached an agreement regarding the layoffs with trade unions. “The level of group layoffs has been decreased afte...