Immobel completes Cedet project in Warsaw

Investor and developer Immobel Poland has finished construction work on its Cedet mixed-use project in downtown Warsaw with Korporacja Budowlana Doraco having acted as the general contractor. The scheme, which was launched in 2015 and cost more than €400 million, involved the renovation and extensio...

Locked content Helios plans to open the first restaurant in 2018

Multi-screen cinema operator Helios is in the process of signing the first contracts in the restaurant segment. “We will continue intensive investments in the cinema segment. At the same time, we are at the stage of signing the first contracts in the restaurant segment,” CEO Bartosz Hojk...

Locked content Pfleiderer group sees 2018 Capex at €75 mln

WSE-listed wood panel producer Pfleiderer Group’s CAPEX in 2018 will amount to about €75 million, chairman Tom Schabinger said. In particular, the company plans to invest €20.6 million in the modernization of the infrastructure in Leutkirch. The investment should be completed in Q1 2019 and wi...

Locked content GetBack with 2017 preliminary net loss PLN 1 billion

Troubled WSE-listed debt collector GetBack estimated preliminary net loss for 2017 at PLN 1 billion. The loss consists of debt portfolios (60 percent), goodwill and intangible assets (22 percent), provisions, contingent liabilities (13 percent) and a share in associated entities (5 percent), the com...

Locked content KGHM resumes production in Sierra Gorda after a fatal accident

WSE-listed copper and silver giant KGHM resumed production at the Sierra Gorda mine 20 hours after the fatal accident. “In Sierra Gorda, a fatal accident occurred yesterday. It did not result from a mine disaster. The accident happened during the maintenance work of the machines,” vice p...

Locked content Creepy Jar hopes to debut on NewConnect by end of June

Games design studio Creepy Jar hopes to debut on NewConnect by the end of June. “Last Friday Creepy Jar submitted the application for admission of shares to trading on the New Connect market. We hope that we will be able to debut by the end of June ,”   board member Marek Soból said. The...

MLP developing urban logistics project near Poznań

Developer MLP Group has launched construction work on the first phase of an urban logistics project that will be built within the company’s MLP Poznań West park. The scheme will sit on 18.8 hectares of land located at Dąbrówka west of Poznań and will comprise a total of more than 86,700 sqm of wareh...

Murapol launches new Katowice scheme

Developer Murapol has finalized the acquisition of an almost one-hectare site in Katowice for its planned Murapol Śląskie Ogrody residential project and has launched sales of apartments in the scheme. The development will comprise housing units offering a total of approximately 8,500 sqm of usable s...

Bringing back Warsaw’s splendor

WBJ sat down with Artur Tlustochowski, the CEO at developer Terra Casa, to talk about the inspiration for the company’s Art Deco – Wola Apartments project in Warsaw and its further plans in the housing property market