Metropolitan Investment buys land for three new schemes

Developer and investor Metropolitan Investment has acquired a portfolio of three sites totaling almost 4.7 hectares and located in Ostrów Wielkopolski, Warsaw and Siedlce, on which it plans to build retail and office projects. In Ostrów Wielkopolski and in the Wawer district of the Polish capital, t...

Robyg with new residential project in Warsaw

Developer Robyg has launched pre-sales of units in the first phase of its planned City Sfera project in Warsaw’s Włochy, which is the company’s first scheme in that district. On offer are a total of 156 units in two buildings that are scheduled to be completed in the first quarter of 2020. The entir...

Locked content Ciech buys Spanish Proplan for €44.6 mln

WSE-listed chemicals group Ciech has bought 100 percent stake in the Spanish Proplan Plant Protection Company. The deal value is €44.6 million. €4.5 million will be paid in equal installments during the period of 2019-2022. The current agreement to buy all Proplan shares replaced the previous agreem...

Locked content PKP Intercity with 21.4 mln passengers in H1

State-owned passenger railway carrier PKP Intercity recorded 21.4 million passengers in the first half of 2018, up by 5.5 percent in comparison to the same period last year. “We hope that 2018 will turn out again as the year of the railway and we will finish it again with over 40 million passe...

Locked content Poczta Polska: H1 book and paper sales up by 24%

During H1 2018 postal operator Poczta Polska sold more than 12 million newspapers and above 1.5 million books in its postal offices around Poland, the company said in a statement on Thursday.  This gives an increase in revenue from commercial activities in the book and newspaper sales segment by 24 ...

Locked content Mostostal Warszawa in consortium wins PLN 77.9 mln deal

WSE-listed builder Mostostal Warszawa in consortium with Masfalt and Drogomex signed an agreement with the General Directorate for National Roads and Motorways (GDDKiA). The deal is worth PLN 77.9 million gross. Mostostal Warszawa share amounts to 71 percent. Under the agreement, the works for const...

Locked content June crude steel production down by 1.6% y/y

The production of crude steel in Poland in June 2018 amounted to 840,000 tonnes, which means a decrease of 1.6 percent year-on-year, according to the results gathered from data of the World Steel Association. In H1 the production amounted to 5.2 million tonnes, which is 1.9 percent more in compariso...