Mountpark to build 135,000-sqm logistics park in Wrocław

Industrial and logistics space developer Mountpark Logistics has secured a revised building permit for its planned Mountpark Wrocław project, which allows for the construction of up to 135,700 sqm of warehouse space. “There is steady demand for modern logistics facilities in the Wrocław area, partic...

Locked content Bus shelters against hot weather in Warsaw

15 new bus shelters will soon appear in Warsaw. They will protect, among others, against hot weather, Public Transport Authority in Warsaw (ZTM) informed on Wednesday. ZTM is currently looking for a company that will provide the new bus shelters and will install them in seven districts around Warsaw...

Locked content Rafako expects PLN 12 mln savings in 2018

Rafako expects that employment reduction will bring PLN 12 million in savings in 2018 – the company said in a statement. The total value of savings resulting from the layoffs is to amount to about PLN 15 million by the end of 2018. In September 2017, Rafako said, after consultation with the tr...

Locked content Szczecin introduces electric charging stations

The first three electric vehicle charging stations have appeared in Szczecin. The new EV charging stations will be available both for the cars belonging to the municipal fleet as well as other electric vehicles. Initially, the stations will be accessible free of charge. In return, their users will b...

Locked content Bridgestone plans to invest PLN 700 mln in Poznań

Bridgestone concern in Poznań plans to invest nearly PLN 700 million in new technological solutions and production optimization by 2020. The investment should allow increasing daily tire production to over 40,000 units from the current 31,000. So far Bridgestone has invested over PLN 2 billion in th...

Locked content GPW with PLN 79.1 mln net profit in Q2

Giełda Papierów Wartościowych, the operator of the Warsaw bourse, posted PLN 79.1 million attributable net profit in Q2 versus PLN 41.9 million y/y. Operating profit stood at PLN 46.3 million compared to PLN 49.0 million in Q2 2017. EBITDA was PLN 54.4 million. Revenue slightly fell to PLN 86.7 mill...

Locked content Shareholders to decide whether GetBack will exist

On August 27 shareholders of the troubled debt collector GetBack will vote whether the company should still exist, according to the annual general meeting (AGM) agenda. In addition, shareholders will vote on approval of financial statements for 2017, the method of covering 2017 loss and granting dis...

Locked content Average debt per person at PLN 5,500 – Kruk

An average debt amount among Poles, who have a debt, stood at PLN 5,500 at the end of H1, Grupa Kruk reported. This is about PLN 800 more than an average salary. The total debt of Poles amounted to PLN 32 billion, 15  percent more versus a year ago. The number of indebted people also…

Jitters, toasts and the whole shebang

There are 190,000 weddings held each year in Poland. At PLN 25,000- PLN 100,000 a pop, that rounds up to a hefty sum for the wedding industry. Even though the number of ceremonies is dropping, they are becoming more lavish, spectacular – and expensive

Locked content Crowdfunding payments up 191% y/y – zrzutka.pl

Internet users’ payments for crowdfunding amounted to almost PLN 16 million in H1, which is a 191 percent increase versus a year ago, crowdfunding portal zrzutka.pl informed. The average contribution in 2018  so far was PLN 65. The number of money collections grew by 369 percent to more than 6...