Locked content Top managers believe AI will lift profit – Microsoft

According to 90 percent of the top management representatives, artificial intelligence (AI) will have a positive impact on profit growth. Managers believe that AI will result in higher productivity (86 percent),  innovation of operations (84 percent), and creating new jobs (69 percent),  according t...

Locked content KGHM CEO: copper prices up to $7000/ton in 6-12 months

Copper prices can reach up to $7,000 per ton in a half-year to one-year perspective, KGHM CEO Marcin Chludziński.  “It results from the market, demand, and rationality of political decisions,”  Chludziński said. He noted that the situation between China and the US is stabilizing. The cop...

Locked content PepsiCo aims to use at least 50% of recycled plastic

PepsiCo announced a plan to increase use of recycled materials (rPET) in its bottles across the European Union. By 2030 the beverage producer plans to achieve 50 percent of the recycled plastic content, while for 2025 the target is 45 percent. PepsiCo estimated that 90 percent of its beverage packag...

Standard Chartered in The Warsaw HUB

British bank Standard Chartered will open a global business services center in The Warsaw HUB mixed-use project, which developer Ghelamco Poland is now building in the Wola district of the Polish capital. The tenant, who was advised by CBRE in the lease negotiations, will take up 3,600 sqm of office...

7R launches Tczew project

Developer 7R has launched construction work on the first two buildings of its 7R Park Tczew logistics park project in northern Poland. In this phase of the scheme, which is scheduled to be completed in the first quarter of next year, the company will deliver 46,700 sqm with one of the buildings – co...

PRCH with new management board president

Aleksandra Zentile-Miller has been appointed as the new management board president of the Polish Council of Shopping Centers (Polska Rada Centrów Handlowych – PRCH). She has replaced Patrick Delcol who held the position from 2008, but has now decided to step down due to his taking up a new post with...