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Locked content Women more rational in face of debt – survey

As many as 24 percent of Polish women consider their understanding of financial matters as poor, while only 15 percent of Polish men admitted to insufficient financial acumen, according to a survey conducted by pollster Ipsos for educational platform Kapitalni.org. Only 21 percent of women declared ...

Locked content Ronson’s profit 131% up y/y

Developer Ronson has recorded PLN 485 million in revenue in 2016, a 72 percent increase year-on-year, the company stated. Profit before tax from sales stood at PLN 118.7 million, which is a 131 percent increase over last’s year’s result. The developer recorded net profit of PLN 64.5 mill...

Demand for industrial space at 3 mln sqm in 2016 – JLL

Gross take-up of industrial space was 3 million sqm in 2016, out of which net demand amounted to 2.2 million sqm, according to a recent JLL report. “In 2016, demand on the industrial market in Poland hit an all-time high. … GDP growth and the gradually increasing importance of Poland as an e-c...

Real estate invesment volume at €4.6 bln in 2016 – Colliers

The total value of transactions concluded in Poland in 2016 amounted to €4.6 billion, the best result since 2006, according to a Colliers International report. Last year 80 institutional investment transactions involving over 130 properties across all asset classes were closed. Over 70 percent of th...

Locked content Famur sells mining equipment for PLN 75 mln to Russia

Mining machinery producer Famur has signed a contract with Russian mine OOO “MMK – UGOL” for the delivery of a coal extraction mining machinery system worth €17.5 million (PLN 75.3 million), the company stated. The machinery will be delivered within 150 days of the advance payment ...

Locked content Alma Market to be liquidated

The district court in Kraków has decided to discontinue restructuring of retail chain Alma Market, the company said in a statement. The retailer has decided to liquidate its assets instead. In mid-September Alma Market filed for restructuring proceedings in order to improve its financial situation a...

Locked content Ireland wants to promote bio food in Poland

Ireland wants to promote its organic food products in Poland. The Irish Food Board “Bord Bia” has opened its Central European office in Poland. Irish food industry representatives believe Poland could become a market for Irish specialties including lamb, yoghurt and cheese. Irish Prime Minister Enda...