Finnish space tech firm ICEYE launches its Warsaw office

Finnish space tech company ICEYE is expanding its operations into Warsaw. The company is the leader in synthetic-aperture radar (SAR) technology for microsatellites providing expanded access to reliable and timely earth observation data. Warsaw will be the firm’s first office outside of its current ...

Kraków’s office market hits the 1 million sqm mark

The office market in Kraków, Poland’s second largest city, has just surpassed 1 million sqm of modern office space. “Outside of Warsaw, Kraków is the biggest office market in Poland. In August 2017, after delivering building B of the Equal Business Park to market, Kraków surpassed the threshold of 1...

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...

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&#...