Locked content Baltona will be new operator at Chopin Airport

At the Warsaw Chopin Airport, 15 points of sale were closed for travelers as of July 1. This is related to the expiry of Lagardere Travel Retail lease agreements. Baltona will be the new operator and will lease 14 points of sale located in various parts of the terminal. Currently, passengers have 14...

Locked content Export to the Czech Republic up 81% in 2010-2017

Export from Poland to the Czech Republic grew by 81 percent in the period from 2010 to 2017, while export from the Czech Republic to Poland increased by 46 percent, the report of PKO Bank Polski stated. According to the estimates, in 2017  turnover of Polish-Czech trade increased to €21.2 billion co...

Locked content Unemployment in June at 5.9% – MRPiPS

Poland unemployment rate in June fell to 5.9 percent versus 6.1 percent in May, Ministry of Family, Labour and Social Policy (MRPiPS) said. This is a 1.1 percentage points decline y/y. The number of unemployed decreased in all Polish Voivodships with the strongest month-on-month decline (0.5 percent...

Locked content Merlin Group plans to develop blockchain with Krypto Jam

Merlin Group together with Krypto Jam CEO Rafał Zaorski informed that the companies will jointly work on the development of blockchain technology. The parties signed a Letter of Intent, according to which within one month they should sign an agreement specifying the terms of cooperation.  The compan...

Locked content Redan revenue slightly down in June

WSE-listed clothing company Redan Group recorded consolidated revenue of about PLN 50 million in June, a slight decline y/y. The area of Redan sales network at the end of June was 140,800 sqm, about 1 percent less compared to a year ago. In discount segment sales stood at about PLN 29 million, falli...

Locked content UOKiK finds irregularities in goods for children

Trade inspectors have found irregularities in 35 percent of cribs, cradles, playpens and baby carriers for little children. The control was carried out at the request of UOKiK. The inspectors checked 343 product lots and questioned 118. The irregularities include lack of support for the baby’s...

Locked content MedApp cooperates with Future Processing

NewConnect-listed MedApp signed a Letter of Intent with Future Processing in the area of data simulation solutions as well as 3D and 4D imaging in oncology and cardiology. MedApp and Future Processing will work, among others on the development of telemedicine system CarnaLife, which recognizes more ...

Investa leases urban warehouse space in Wrocław

Steel distributor Investa, whose main warehouse is located at Stryków in central Poland, has leased a total of more than 4,300 sqm of warehouse and office space at the Panattoni City Logistics Wrocław I logistics park in Lower Silesia. Axi Immo advised the tenant during the lease negotiations. The P...

ELI buys nine Panattoni parks for €200 mln

European Logistic Investment (ELI), an entity co-managed by investor Griffin Real Estate (GRE), has finalized the acquisition of a portfolio of nine logistics parks that were developed by Panattoni Europe. The transaction is valued at approximately €200 million. ELI and Panattoni have agreed to inve...