Rockbridge TFI to dissolve two funds

Rockbridge TFI General Assembly has adopted resolutions on the dissolution of Rockbridge FIZ Bezpieczna Inwestycja 1 and Rockbridge FIZ Safe Investment 3 funds, the company has reported.

PKO BP launches motor insurance offer

PKO Bank Polski has commenced the sale of motor insurance in 400 bank branches, and from October it will be available in all branches. In the first quarter of 2019, the bank will make the purchase of insurance available in the IKO mobile application and the iPKO transaction service.

Government accepts project to raise minimum wage to PLN 2,250

The Council of Ministers has adopted a regulation on the minimum wage and minimum hourly rate for 2019, under which the minimum remuneration for work will amount to PLN 2,250 (in 2018 it is PLN 2,100, which means an increase of 7.1 percent), the Government Information Center (CIR) reported.

Delta Trans leases over 5,000 sqm from Panattoni

Polish logistics operator Delta Trans has leased a total of 5,200 sqm of warehouse and office space at the Panattoni Park Ruda Śląska logistics park in Silesia. Axi Immo advised the tenant during the lease negotiations. Panattoni Park Ruda Śląska offers 33,500 sqm of leasable space in a single build...

Amway stays at MLP Pruszków I

Access Business Group (Amway Supply Chain Services) has renewed its agreement for the lease of approximately 3,800 sqm of warehouse and office space at the MLP Pruszków I logistics park in the Warsaw area. The space houses the Central European distribution center of Amway. Cresa Polska represented t...

HB Reavis with building permit for new Warsaw scheme

Developer HB Reavis has secured a building permit for its planned Forest office project in Warsaw. Designed by the HRA Architekci architectural studio, the scheme will be located on ul. Burakowska in the Wola district of the city, close to the Arkadia shopping mall, and will consist of a 120-meter t...

Locked content TFI assets inch down in August

The assets of Polish investment funds (TFIs) shrunk by 0.1 percent month-on-month to PLN 281.3 billion in August, according to Analizy Online and IZFiA.  Assets of cash and money funds continue to show the highest growth (1.5 percent m/m). The continuous growth of this low-risk assets should soon br...

Locked content Eques Investment TFI put on the alert list by KNF

The Financial Supervision Authority has placed the asset manager Eques Investment TFI on an alert list. The move follows KNF’s notification to the regional prosecutor’s office in Warsaw about the alleged violation of the bill on public offer and terms of introducing financial instruments...