Locked content WSE suspends Krezus trading

The Warsaw Stock Exchange suspended the trading of metals firm Krezus following a motion from the Financial Supervision Authority KNF. The watchdog filed such motion after Krezus did not immediately inform that its main shareholder Taleja sold 20 percent of its stake, reducing it to 31 percent. The ...

State-of-the-art residential space

Art exhibitions are these days no longer confined to museums and art galleries, with shows of paintings and sculptures now being increasingly often organized in modern residential, office and retail buildings, as well as in the public areas around them. One such event is currently on at the Cosmopol...

Major lease deal at Mennica Legacy Tower in Warsaw

Co-working office space operator WeWork has leased all of the office area available in the lower building of the Mennica Legacy Tower complex that Golub GetHouse and Mennica Polska are now developing in the Wola district of Warsaw. Cushman & Wakefield and DLA Piper represented the tenant during ...

Metropolitan Investment to launch Kwidzyn project in Q4

Developer and investor Metropolitan Investment will launch construction work on its planned Galeria Metro Kwidzyn shopping and entertainment center in Kwidzyn in northern Poland in the final quarter of this year. The mall will comprise almost 13,000 sqm of GLA and house approximately 35 stores and p...

Extended Dekada Grójec mall opens for business

Developer Dekada has opened a new part of its eponymous convenience shopping center in Grójec in central Poland. The leasable area of the mall has increased from 5,700 sqm to 8,700 sqm, while the number of the available units has grown from 17 to 23. New tenants of the property include Jysk, Smyk an...

Locked content Ryanair cancels flights to and from Poland

Irish low-cost airline Ryanair canceled six flights to and six from Poland, due to pilot strikes. Fly4free.pl portal was the first one to inform about canceled Ryanair flights, which were scheduled for August 10.  The flights on the list are from Warsaw-Modlin, Kraków, and Gdańsk airports. Last week...

Locked content Tourist routes got shorter in 2017 – GUS

The total length of tourist routes was reduced to 78,078 km in 2017 from 79,092 km a year earlier, the Central Statistical Office (GUS) reported. The longest routes, with 9,354 km in total, are in Małopolskie voivodship. On the other hand, tourist routes in Opolskie voivodship reached only the total...

Locked content Main shareholder sold 20% in Krezus

Taleja (once owned by billionaire Roman Karkosik) has sold altogether a 20-percent stake in WSE-listed company Krezus since April. According to Krezus statement, Taleja reduced its stake to about 31 percent (before April 24 it still owned 51.2 percent). Krezus focuses on trading in scrap metal and n...