Unemployment inches down in November – GUS
Poland’s unemployment rate stood at 6.5 percent at the end of November, the Central Statistical Office (GUS) informed, representing a 0.1 percentage points m/m drop.
Monthly Archives: December 2017
Foreigners spent PLN 11.7 bln on shopping in Poland in Q3
Foreigners spent PLN 11.7 billion on purchases in Poland, up by 7.7 percent y/y, Poland’s Central Statistics Office (GUS) said. In q/q terms, the figure went up by 7.3 percent. At the same time, Poles spent PLN 6.8 billion abroad, which was 6.5 percent higher y/y and 41.7 percent increase q/q…...
CCC buys out Romanian unit for €33 mln, will enter Georgia and Kazakhs...
WSE-listed footwear retailer CCC signed a preliminary agreement to buy its franchise network of 54 outlets in Romania for €33 million from Peeraj. The deal is expected to be finalized by end-H1 2018 and its price could be adjusted. Moreover, the company signed a letter with Peeraj to open CCC locati...
OT Logistics sells 8.7% stake in Luka Rijeka to PFR
WSE-listed logistics operator OT Logistics will sell 8.75 percent of its stake in Croatian port Luka Rijeka to state-owned development fund PFR for PLN 32.8 million, the company said in a market filing. OT Logistics will retain its control over the harbor as it has 26.51 percent shares in the compan...
KNF sets temporary MiFiD II rules
Financial Supervision Authority KNF issued temporary guidelines for applying MiFID II directive since the domestic legislation is expected to be implemented in March/April. The KNF regulations will come into force on January 3. KNF has applied the rule of higher priority of EU regulations, which mea...
Erbud to build second phase of Zajezdnia Poznań project
Investor REF Eastern Opportunities has selected builder Erbud as the general contractor of the second phase of its Zajezdnia Poznań residential project located in the Jeżyce district of Poznań. The value of the contract amounts to PLN 39.4 million with construction work on the scheme scheduled to la...
Warimpex secures major tenant for Kraków office project
Developer Warimpex has revealed that a renowned international company has signed a long-term lease agreement for a considerable portion of the space available in its under-construction Mogilska Office project in Kraków. Neither the identity of the tenant, who is expected to move into his new premise...
Spaces with first location in Poland
Flexible workplace and co-working solutions provider Spaces – part of IWG, the owner of serviced offices provider Regus – has leased 4,200 sqm of office space in the under-construction Centrum Marszałkowska mixed-use project in downtown Warsaw. The scheme will be the brand’s first location in Poland...
Regus expanding in Warsaw, Poznań
Serviced offices provider Regus has taken up more than 1,100 sqm of office space in the Solec Residence apartment building in downtown Warsaw, which was developed by Sawa Apartments. The company will open its new business center in the property that will be its twelfth location in the Polish capital...
Poles not happy about current situation in the country – Kantar Public...
Only 37 percent of Poles think that the situation in Poland is going in the right direction, while 42 percent think otherwise. The first figure dropped by 2 percentage points compared to last month, while the number of concerned respondents increased by 3 pps. When it comes to the economic situation...
