Victoria Dom with record apartment sales

Residential developer Victoria Dom sold 1,055 apartments last year, which marks an over 30% increase upon the year 2017 when the company offloaded 803 housing units. This is the best annual apartment sales result in the entire history of Victoria Dom, which is mainly focused on the Warsaw market but...

Real Management developing BTS scheme in Warsaw

Developer Real Management is working on a built-to-suit office and warehouse project in Warsaw, which will be occupied by TIC (testing, inspection and certification) sector company UL International. The scheme will comprise a total of approximately 3,600 sqm of leasable space, including around 2,000...

Panattoni completes DB Schenker project in Lower Silesia

Developer Panattoni Europe has finished construction work on a cross-dock logistics terminal project in Nowa Wieś Wrocławska near Wrocław, which will be used by logistics operator DB Schenker. The scheme comprises 9,300 sqm of space and features numerous green solutions. It is expected to be certifi...

Every forth city-dweller in Poland tried carsharing

More than one-third of Poles (34 percent) from big cities are familiar with carsharing services, according to a research company ARC Rynek i Opinia. Among them, one out of four already has experience with the service, and almost half (45 percent) plan to try it.

Locked content Apple shares plunge after lowered guidance

Apple shares fell about 7 percent after the company lowered its Q1 guidance, following weaker than expected iPhone sales and a weakening economy in China. Apple lowered revenue guidance to $84 billion, down from the $89 to $93 billion it had forecasted previously. The company also lowered gross marg...

Locked content Car production falls in Poland over last 2 years – Wyborcza

The production of new cars in Poland has been rapidly decreasing over the last two years, Gazeta Wyborcza reported. According to the latest data of the Central Statistical Office (GUS), by the end of November 424,000 cars were produced in Poland, a decline of 13 percent y/y. In 2017 the production o...

Locked content Kraków Airport passenger traffic up by 16% in 2018

Kraków Airport transported about 6.8 million passengers in 2018, registering an increase of 16 percent y/y versus 2017. This was the first time the airport transported over 6 million passengers during a year.  In the last month of the year, nearly 559,000 passengers used the airport, by 17 percent m...

Locked content InPost delivered over 86 million packages in 2018

InPost delivered over 86 million packages in 2018 or 52.5 percent more than a year earlier, the company said. Deliveries through parcel machines increased by 56.3 percent y/y, and deliveries by Kurier InPost grew by 45.5 percent y/y. At the end of the year, InPost operated a network of nearly 4,500 ...

Locked content TIM prelim. revenue up by 1.6% in December

TIM recorded preliminary revenue of PLN 53.8 million in December, up by 1.6 percent y/y, the company said. Revenue from e-commerce grew by 4.6 percent y/y to PLN 38.3 million. In January-December total revenue increased by 14.4 percent y/y to PLN 753.1 million.  Revenue from e-commerce in this perio...

Locked content Alior Bank applies to UOKiK to buy Ruch

Alior Bank submitted an application to the Office of Competition and Consumer Protection (UOKiK) for the acquisition of Ruch S.A.  The application was received on December 28, 2018, and the case is ongoing.  Alior Bank focuses its activities on retail and corporate banking services. Ruch operates in...