Locked content Gastronomy market reaches PLN 36 bln – report

The Polish gastronomy market increased by over 10.5 percentage points y/y to some PLN 36.12 billion, according to the report compiled by GFK. On average, customers spent PLN 98 per month dining out, which is the highest value in nine years. “The growing number of premises and their increasingly dive...

New serviced offices operator enters Poland

Serviced offices operator NewWork Serviced Offices, part of Hungary’s Property Systems, has opened its first location in Warsaw. The company offers 3,200 sqm of flexible office area in Wilanów Office Park in the city’s Wilanów district.

New major tenant at Proximo II building in Warsaw

Developer Hines has signed EY Global Delivery Services Poland for its under-construction Proximo II office project in Warsaw. The tenant will occupy space on three floors of the scheme with the exact amount of the area not having been revealed. Proximo II is being developed near the Rondo Daszyńskie...

Kraków’s Vinci Office Center changes hands

Dyskret Polska, a leader in Poland’s security systems market, has recently sold its Vinci Office Center building in Kraków with Cushman & Wakefield having represented the company in the transaction. Neither the identity of the buyer nor the value of the deal have been revealed so far. Located on...

FinMin buys back $461.5 mln worth of bonds

The ministry of finance announced that it has bought back bonds worth $461.5 million in the tender. Investors offered to sell bonds $44.29 million. The ministry previously said that it plans to spend up to $700 million on the buyback.

Locked content Lotos buys another oil shipment from the US

WSE-listed, state-owned fuel giant Grupa Lotos has bought a second crude oil shipment from the United States as part of a plan to reduce its reliance on Russian oil supplies, the company said in a market filing. “This purchase is an element of the consistently implemented company strategy to diversi...

Locked content PGG to be turned into joint-stock company in 2018

State-owned miner Polska Grupa Górnicza (PGG), will become a joint-stock company at the beginning of 2018, the company said in a statement. It currently operates as a limited liability company. The decision was approved by all of the PGG shareholders and proper motion has been filed in registry cour...