Wrocław with record office supply in Q1 – report

More than 36,600 sqm of office space was completed in Wrocław in the first quarter of 2018, which marks a 104.2% increase y/y, according to the latest report by Cresa. Buildings delivered in the city in the period in question include West Link (13,900 sqm, Echo Investment), BZ WBK Office Building (1...

Locked content LOT to launch Warsaw-Lublin route from September

LOT Polish Airlines will start a connection between Warsaw and Lublin from September 3, 2018, the company has announced. Flights on the route will take place five times a week, throughout the year. They will be performed by a Bombardier Q400 aircraft, which can accommodate 78 passengers. Flights on ...

Net employment forecast in Poland at +13% for Q3 2018

The net employment forecast for Poland in the third quarter of 2018 is +13 percent, results from the Manpower study have shown. The best situation in the upcoming quarter can be expected by employees and entrepreneurs in the industrial production sector.

PFR takeover of Pesa possible in Q3 2018

The Office for Competition and Consumer Protection (UOKiK) has received an application for the takeover of Bydgoszcz Pesa by one of the funds belonging to the Polish Development Fund. The transaction will be finalized in the third quarter of this year, according to information acquired by the Polish...

KNF approves Getin Noble Bank merger with BPI Bank

The Polish Financial Supervision Authority (KNF) has authorized the merger of Getin Noble Bank and BPI Bank Polskie Inwestycje through the transfer of all assets of BPI Bank Polskie Inwestycje to Getin Noble Bank, the Commission said.

17% of drivers considering electric car purchase

Currently, 17 percent of Polish drivers are considering buying an electric car, compared to 12.4 percent a year ago, according to the “Electromobility Barometer 2018”, published by the Polish Alternative Fuels Association (PSPA).

Locked content Government accepts ‘Apartment to Start’ rent subsidy program

The Council of Ministers has adopted a bill on subsidies for rent covering the first nine years of lease, the Ministry of Investment and Development (MIR) has announced. The so-called “Mieszkanie na Start” is part of the “Mieszkanie +” program. The amount of subsidies will de...