Locked content BIEC: Economic sentiment drops in March

The leading indicator of economic sentiment (WWK) in Poland estimated by the Bureau for Investments and Economic Cycles (BIEC) decreased by 1.4 points and stood at 169.3 points in March. “This drop was mainly caused by the decreases on the Warsaw Stock Exchange and the reduced inflow of new orders t...

Locked content Colian announces tender offer for 21.71% stake. Plans delisting.

WSE-listed confectioner Colian announced a tender offer for 41.9 million shares representing a 21.71 stake at PLN 3.76 apiece. If the offer is successful, majority shareholders of the company plan to delist it from the Warsaw Stock Exchange. Subscriptions will start on April 20 and end on June 14...

Murapol acquires more land in Warsaw

A subsidiary of developer Murapol has signed an agreement for the purchase of more than 53,600 sqm of land located on ul. Kąty Grodziskie in the Białołęka district of Warsaw where it plans to build a residential project comprising approximately 23,400 sqm of usable space and housing 504 apartments. ...

Savills to help Chinese investors in Poland

Savills has set up a China desk within its Warsaw-based corporate finance and valuation department, which is meant to support Chinese investors interested in the commercial real estate market in Poland. The new dedicated unit is managed by Piotr Klapkowski who joined Savills in October 2016 and earl...

TDJ with new residential project in Katowice

Developer TDJ Estate has secured a building permit for its planned Bardowskiego 1 residential project in Katowice, which will be located in the Osiedle Witosa area of the city. Construction work on the scheme is set to launch in the second quarter of this year. The development will be built on 0.7 h...

Why print still matters?

Since you are here and you are reading this column, you might be inclined to agree with me that a printed magazine still has value. It is because of the fast-moving consumer-fueled world we live in, that the experience of a well-rounded overview, trust and relevance are more in demand than they were...

Locked content Kruk to buy Italian collection company

WSE-listed debt collector Kruk will buy 51 percent stake in the collection company operating on the Italian market, the company said in a market filing. Provisions of the offer assume increasing the stake to 100 percent over the next few months. “We are consistently implementing our strategy for 201...

Locked content OncoArendi sets IPO price at PLN 29 per share

WSE-bound biotech company OncoArendi Therapeutics set its IPO price at PLN 29 apiece and will sell 2 million shares, all that it planned to float. This puts the value of the IPO at PLN 58 million, the company said. Individual investors will be able to acquire 140k shares, with the rest going to inst...

Locked content PFR: We’re ready to co-finance Poland’s nuclear plant

Polish Development Fund PFR will co-finance the construction of the first Polish nuclear plant if needed, its CEO Paweł Borys said. “The Polish government and potentially Polish companies are getting close to final talks and if positive decisions are made and Poland will build nuclear power units, t...