Locked content PKN Orlen to pay PLN 3 dividend per share

Shareholders of PKN Orlen have decided to allocate PLN 1.28 billion from the profit for 2017 for shareholder dividends, which means a payment of PLN 3 per share. The proposed dividend day is July 20, 2018, and the payment date of the dividend is August 3, 2018. The PKN Orlen Group manages six refine...

Vehicle manufacturers expect sales to increase

Representatives of automotive manufacturers and distributors are convinced that the positive economic situation will continue and will bring increased levels of sales and revenues of automotive companies in the next six months. This is according to results from a study by KPMG and the Polish Associa...

Eurofins to occupy over 1,700 sqm at Katowice’s KBP

Eurofins GSC Poland, a shared services center of the international group of laboratories Eurofins Scientific, has leased more than 1,700 sqm of office space at the Katowice Business Point (KBP) building in downtown Katowice, which is owned by an investment fund represented in Poland by Syrena Real E...

BASF moves into West Station II in Warsaw

The Polish branch of chemical company BASF has moved its main office to the West Station II building in Warsaw where it has taken up almost 2,800 sqm of space. JLL represented the tenant during the lease negotiations. Located on Al. Jerozolimskie in the Ochota district of the Polish capital, near th...

Bauer leases almost 1,000 sqm in Wrocław’s Zita building

Publishing house Bauer Media has leased nearly 1,000 sqm of office space in the Zita building in Wrocław, part of Vantage Development’s Promenady Business Park complex. The transaction was brokered by Knight Frank who represented the owner of the property. Other tenants of the Zita building include ...

Locked content Automotive exports drop in Q1 – report

Polish automotive exports fell by 2.85 percent y/y to €6.58 billion in Q1 AutomotiveSuppliers.pl said in its report. Germany remains the biggest importers of Polish automotive products, accounting for 31.7 percent of the whole exports value, followed by Czechia (8.5 percent) and Italy (7 percent). T...

Locked content Small format stores sales grow 6.9% in May

Sales in small format stores (up to 300 sqm) grew by 6.9 percent y/y and 11.7 percent m/m in May, the Polish Chamber of Commerce PIH said. The growth was recorded despite 5 days when the retail trade was prohibited (on two Sundays and three public holidays). The average value of a transaction in suc...