Atrium_Garden for web

Weco Travel moves to Atrium Garden in Warsaw

Weco Travel, a company specializing in corporate travel, has moved to the Atrium Garden office building on Al. Jana Pawła II in Warsaw. The company is to occupy nearly 1,000 sqm of modern office space on the 7th floor of the scheme. Experts from JLL represented DEKA fund – the building’s owner – dur...
Piotr Krajewski - Fotografia Architektury / Architectural Photography

Schenker leases 2,100 sqm in Business Garden Warsaw

Vastint Poland signed a lease for 2,100 sqm of office space with Schenker Technology Center (Warsaw), a part of the DB Schenker Group. This newly created unit will provide IT services to the group companies in Europe and in certain parts of Asia and Africa. Business Garden Warsaw was chosen as headq...

Locked content LPP with PLN 173 mln profit in Q2

Clothes retailer LPP recorded net profit of PLN 173 million in Q2 2017, according to the company’s early estimates. Market consensus put the figure at PLN 156.4 million, according to PAP. The group’s consolidated revenue stood at PLN 1.705 billion in Q2, while gross profit from sales amounted to PLN...

Locked content FinMin issues PLN 2 bln worth of bonds to increase BGK’s capital...

The Ministry of Finance has issued zero-coupon bonds worth PLN 2 billion in order to increase the share capital of state owned lender Bank Gospodarstwa Krajowego, the ministry stated in a press release. The bonds will mature on April 25, 2019. They were transferred to BGK on August 4, according to t...

Locked content Asseco BS with PLN 146.3 mln backlog for 2017

IT firm Asseco Business Solutions has a backlog for 2017 of PLN 146.3 million, a 10 percent increase y/y, the company’s CFO Mariusz Lizon stated at a press conference. “Last year at this time we had a backlog of PLN 133 million in our portfolio, which means a 10 percent increase y/y this year,” he&#...

Locked content Orlen pays record-high dividend for 2016

Fuel giant PKN Orlen paid out record high dividend last Friday of PLN 3 per share. PLN 1.28 billion, almost 25 percent of the company’s record-high 2016 net profit of PLN 5.36 billion, was paid out to the company’s shareholders. “It is the fifth year in a row when the concern, in line with its…...

Locked content Idea Bank’s Q2 net profit with 14.8% growth y/y

Idea Bank’s net profit in Q2 2017 amounted to PLN 58.7 million, slightly above market expectations, marking a 14.8 percent increase year-on-year, the group stated in a market filing. Net profit for H1 stood at PLN 109.9 million, excluding the sale of GetBack, which is a 144 percent increase y/y. Rev...