Ideal Automotive’s factory in Zielona Góra officially opened

An almost 20,000-sqm factory that industrial space developer Panattoni Europe developed for German car components manufacturer Ideal Automotive earlier this year was officially opened on September 7. The facility is located in Zielona Góra in western Poland, within the Kostrzyn-Słubice Special Econo...

Locked content Parliamentary group backs Polish reparations claims

The parliamentary group of legal experts (Biuro Analiz Sejmowych) issued an opinion which backs Polish government claim that Warsaw has the right to seek reparations from Germany for its actions in the country during World War II. The opinion, which is non-binding, argues that the decision by Poland...

MLP to expand Pruszków logistics park

Developer MLP Group has acquired five hectares of land lying adjacent to the company’s MLP Pruszków II logistics park near Warsaw. The purchase will allow MLP to develop an additional 25,000 sqm of warehouse space in the location. It thus increases the total development potential of the park to 285,...

Locked content European Commission asks to fine Poland for logging in Białowieża

The European Commission asked the Luxembourg-based European Court of Justice to fine Poland for violating the ban on logging in the primeval Białowieża forest during a hearing on Monday. Back in July, ECJ issued an order that Warsaw immediately stop logging in the oldest parts of the forest, and to ...

Locked content Poland drops in expat ranking

Poland dropped by 25 spots in the latest Expat Insider ranking to 49th place. The survey analyzes the quality of living of foreigners in different countries across the globe in five main categories: quality of life, ease of settling in, working abroad, personal finance, and family life. Overall, 71 ...

Locked content Electricity consumption up 2.91% y/y in August – grid operator P...

Electricity consumption increased by 2.91 percent y/y in August to 13.59 TWh, while production grew by 2.86 percent y/y to 13.21 TWh, the national grid operator PSE said. Year-to-date, the consumption amounted to 110,54 TWh, a 2.3 percent y/y increase, while production reached 109,38 TWh, a 3.71 per...

Locked content Best buys €146 mln Italian debt portfolio

WSE-listed debt collector Best, through its subsidiary Best Capital Italy, purchased an Italian debt portfolio worth €146 million, the company said in a market filing. “The transaction will be finalized on September 15. The price was determined by market trends,” Best added. Best specializes in the ...

Locked content Mespila increases price in Paged tender offer

Mespila Investments Limited, the main shareholder of the WSE-listed of plywood producer Paged, has increased its offer price in the tender for all of Paged shares in freefloat to PLN 59 apiece, from the previous PLN 57.63 price tag. Mespila wants to buy 5.44 million of Paged shares. The stake repres...

Locked content Vabun mulls NewConnect IPO

Perfume producer and retailer Vabun is planning to file an IPO prospectus this fall and hopes to be listed on the small-cap, alternative NewConnect market. The company, co-founded by former Polish goalkeeper and celebrity Radosław Majdan wants to use the proceeds from the issue to expand its portfol...