Locked content Less EU funds for Poland result from economic growth – Cretu

Less EU funds for Poland in the next EU budget is not a punishment, but the result of economic growth, the EU Commissioner for Regional Policy Corina Cretu said on Friday. Referring to the European Commission’s proposal on the budget for 2021-2027, Cretu said that some EU countries would recei...

Locked content Fuel prices keep growing

Fuel prices at gas stations are rising, and nothing indicates the growth should stop in the near future. Analysts predict that the price of 95 petrol will exceed PLN 5 this week. The reasons behind are the world politics and possible rise of tax on petrol in Poland. During the week average gasoline ...

Atal puts more Warsaw apartments up for sale

Warsaw Stock Exchange-listed developer Atal has launched apartment sales in the third phase of its Osiedle Warszawa residential project in Warsaw’s Włochy district. On offer are a total of 128 housing units in two buildings that are scheduled to be completed in the first quarter of 2020. Warsaw is o...

Bydgoszcz outlet center to open on May 26

Investor ADV Por Property Investment will open its Smart Outlet Center Bydgoszcz (formerly Outlet Center Bydgoszcz) project in Bydgoszcz in Kujawsko-Pomorskie voivodship on May 26. Located on ul. Fordońska, one of the main thoroughfares in the city, the scheme will deliver approximately 11,000 sqm o...

Rising apartment prices along Warsaw’s second subway line

The completion of the central stretch of the second subway line in Warsaw in 2015 has had a major impact on the average price of apartments located within one kilometer of the each of the stretch’s seven stops, according to a recent analysis by urban.one. Over the last five years, the average ...

Locked content Ten Square shines in market debut

Mobile games producer Ten Square Games shares debuted on Warsaw Stock Exchange at PLN 52.2 on Friday. The price was 13.5 percent higher compared to IPO offer. Ten Square Games is 479th company on Warsaw Stock Exchange. It’s also the fourth IPO on GPW main market in 2018. Ten Square Games confi...

Locked content UOKiK approves Netia’s acquisition by Cyfrowy Polsat

Poland’s antitrust watchdog UOKiK has approved WSE-listed telecom group Cyfrowy Polsat takeover of another listed operator Netia. Currently, Cyfrowy Polsat owns an approx. 32 percent stake in Netia. It will acquire further 34.24 percent (119.3 million shares),  receiving a controlling interest. Cyfr...

Locked content Investment funds assets decline in April

Poland’s investment funds assets in April amounted to PLN 280.5 billion, declining by 2.7 percent compared to a previous month, a report by researcher Analizy Online and asset management lobby IZFiA showed. “Such a large” change was caused by withdrawal of money from one of the ded...