Calypso in Globalworth’s centers in Wrocław and Katowice

Fitness clubs operator Calypso Fitness will enter the Dom Handlowy Renoma shopping center in Wrocław and the Dom Handlowy Supersam shopping center in Katowice, both of which are owned by real estate investor Globalworth (formerly Griffin Premium RE). The tenant has leased almost 1,700 sqm and more t...

Ronson launches sales in new Poznań project

Warsaw Stock Exchange-listed developer Ronson Development has launched pre-sales of apartments in its planned Grunwald² residential project in Poznań. On offer are 133 housing units that will be built in the first of the scheme. The entire development, which will be located in the Marcelin area of t...

7R to build urban warehouses across Poland

Developer 7R has launched its City Flex program, which envisions the construction of a network of more than ten SBU (Small Business Unit) warehouse projects located in some of the biggest cities across Poland. The company wants to respond to the growing demand for urban logistics space in the countr...

Locked content Gdańsk airport transports nearly one million passengers in Q1

Gdańsk airport served more than 982,000 passengers in the first three months of 2018, registering an 11.8 percent growth compared to the same period a year ago, the airport reported. In March about 352,000 passengers used Gdańsk airport, which is a 12.6 percent increase. CEO Tomasz Kloskowski unders...

Locked content Poles buy 30% more electronic equipment on eBay in Q1

Polish users of eBay bought in the first quarter 30 percent more electronic equipment compared to the same period in 2017, a market research by Kantar TNS says. The most popular products ordered through eBay are laptops, mobile phones and mobile phones accessories. The buyers most often choose deliv...

Locked content Enter Air signs €27.4 mln charter agreement with Airconsulting

Enter Air unit signed an air charter transport agreement with Airconsulting for the sale of seats in airplanes and crew. The deal value is about €27.4 million. The agreement is for summer-winter 2018 season and will be valid till March 31, 2019. In case of flights cancelation by Airconsulting, Enter...

Locked content Groceries account for 43% of Polish residents spending in 2017

The purchasing power of Polish residents for retail trade amounted to PLN 397.4 billion in 2017. About 43.1 percent of this amount Poles spent on groceries, GfK research said. The total expenses for basic goods such as food, clothing and health and beauty items accounted for two-thirds of the total ...

Locked content Growth of online turnover on non-trading Sundays may reach 7% in 2018

An additional increase of online shops turnover on non-trading Sundays can amount to 7 percent this year, QuarticoON CEO Paweł Wyborski said. In March there were two non-trading Sundays in Poland. During them the e-commerce industry earned 13 percent of the total monthly revenue. The increase in tur...

Locked content Selvita to build PLN 77 mln R&D center in Kraków

Biotechnology firm Selvita has obtained a building permit for an R&D center in Kraków. The project is estimated to cost PLN 77 million, with PLN 34 million coming from a subsidy from the Ministry of Development. The lab will be operational in H1 2019, the company informed. Selvita plans to inves...

Locked content REN with 15% revenue increase y/y for Q1-Q3 of fiscal year

Frozen food distributor REN, owned by private equity fund Argan Capital, posted PLN nearly PLN 200 million in revenue for Q1-Q3 of the fiscal year 2017/2018 (which ends in February 2018), marking a 15 percent increase y/y, REN stated. Thee company plans to open a new logistics center in Radom by the...