Locked content mBank supports Atal with PLN 20 mln loan

Real estate developer Atal has obtained a loan of PLN 20 million from commercial lender mBank, the company informed in a statement. The developer intends to use the funds to finance its Atal Malta estate in Poznań, which will comprise about 130-140 apartments. The loan must be repaid by September 28...

Locked content Ferrari leases space at Warsaw’s Tower Investments

Italian sports car manufacturer Ferrari has signed a letter of intent with Tower Investments on leasing a 2,000 sqm at Auto SIM luxury car showroom, the companies informed in a statement. Tower Investment bought a 3,000 sqm area for the project on ul. Przyczółkowa (Warsaw’s Wilanów district) i...

Locked content Asseco gets a PLN 41.2 mln contract from ZUS

A unit of Eastern Europe’s largest software producer Asseco, Dahliamatic, along with Enegeve signed a contract with the Polish Social Insurance Board (ZUS) for software support and servicing, the companies announced in a statement. The value of the agreement amounts to PLN 41.2 million (gross)...

Locked content Poll: 48% of Poles in favor of KOD’s activity

The majority of Poles support the Committee for the Defence of Democracy (Komitet Obrony Demokracji, KOD), according to the latest poll by SW Research for Newsweek. As much as 48 percent of Polish citizens support KOD’s activity, while 29 percent believe the committee is unnecessary, and 23 pe...

Locked content FinMin: VAT bill to bring PLN 3.4 bln annually

Poland expects PLN 3.4 billion in annual value-added tax (VAT) revenue boost on the implementation of a package of VAT tightening solutions, according to a draft bill presented by the Ministry of Finance. Most of the solutions are to take effect as of January 1, 2017, estimated at PLN 3.1 billion. T...

Locked content Robyg to trade PLN 100 mln bonds on Catalyst

The board of the Warsaw Stock Exchange has announced that real estate developer Robyg will start trading 100,000 S series bonds on the alternative market, Catalyst, on Wednesday, August 28, 2016. The value of each bond stands at PLN 1,000, the bourse informed. Robyg is a real estate developer operat...

Locked content Poles strongly against e-receipts – survey

Poles do not support the idea of unveiling electronic (digital) receipts instead of traditional ones, a new survey by pollster Ipsos revealed. As much as 66 percent of Polish citizens do not want to switch to e-receipts (44 percent of them are radically against). The majority of people are afraid of...

Locked content Ursus to manufacture 10 electric buses for Warsaw

Tractor producer Ursus’s consortium has won a tender for the delivery of 10 electric buses to Warsaw’s Municipal Bus Company (Miejskie Zakłady Autobusowe), Ursus informed in a market filing. The consortium consists of Ursus, AMZ Kutno and Ursus Bus. The value of the agreement stands at P...