International Paper grows at CB Lubicz in Kraków

Paper and packaging producer International Paper has leased additional space at the Centrum Biurowe Lubicz office complex in central Kraków and will now occupy almost 7,900 sqm at the property. Centrum Biurowe Lubicz offers nearly 24,000 sqm of leasable area. It is owned by Globalworth Poland, one o...

Fresenius Kabi expands at Stryków logistics park

Pharmaceutical company Fresenius Kabi has renewed its lease agreement at the Diamond Business Park Stryków logistics park in central Poland and taken up an additional 3,400 sqm at the property. The tenant, who was represented by JLL in the lease negotiations, will now occupy a total of 13,000 sqm of...

PKN Orlen to become sole shareholder of Unipetrol

Poland’s largest oil refiner, PKN Orlen, is set to become the sole shareholder of its Czech subsidiary Unipetrol after shareholders agreed to the forced buyout of shares representing approx. 5.97 percent of the share capital.

Government adopts draft law on PPK pension scheme

The Council of Ministers has adopted a draft law on employee capital pension plans (PPK), said Prime Minister Mateusz Morawiecki. The Prime Minister stressed that within 10 years the state will pay about PLN 35 billion to Poles in the PPK scheme.

Number of Poles using fitness clubs increases to 2.91 mln

The number of people using fitness clubs in Poland increased to 2.91 million at the end 2017 from 2.84 million at the end of 2016, according to the report “The European Health & Fitness Market 2018,” prepared by Deloitte in cooperation with the EuropeActive organization.

48% of online shoppers still pay in cash

Some 48 percent of people making e-purchases in Poland choose cash payment on delivery, according to a study conducted for Krajowa Izba Rozliczeniowa (KIR) and the Polish Bank Association (ZBP).