Locked content Robyg begins sales in 3rd stage of Stacja Nowy Ursus

Real estate developer ROBYG Group has launched the sale of apartments in the next phase of Stacja Nowy Ursus investment. The project’s new phase – located on ulica Posagu 7 Panien in Warsaw – offers 246 apartments ranging from 32 to 90 sqm. Robyg’s six-stage estate will ultimately include more than ...

Locked content Polnord to launch 5 investments this year

Real estate developer Polnord announced it will launch five investments for 700 units still this year. The company also informed that it has introduced 99 flats in the A3 building at Brzozowy Zakątek in Warsaw’s Wilanów. Polnord is a Polish residential developer based in Gdynia, which was esta...

Locked content PAIiIZ with new CEO

The supervisory board of the Polish Agency for Information and Foreign Investment (PAIiIZ) has appointed a new management board with Tomasz Pistuła as the new CEO of the institution, the Ministry of Development said. “The first task of the new board will be to transform PAIiIZ into the Agency ...

Pengab index grows by 2 pts

The Pengab index, which measures conditions in the banking industry, grew by 2 points month-to-month to 23.1 points in September, according to the “Monitor Bankowy” report issued by TNS Polska. In September of last year, the indicator registered 22.9 points.

Locked content PKP Cargo recorded loss in Q2

PKP Cargo recorded a net loss of PLN 128.5 million in Q2 2016, compared with a net profit of PLN 140.4 million in Q2 2015, the company said in a report. The company’s operating loss amounted to PLN 132.3 million, versus an operating profit of PLN 148.4 million in the same period last year. Sal...

Locked content PKN Orlen and Lotos to take over Żabka? – media

Weekly Uważam Rze said, without naming its sources, that state-run oil refiners PKN Orlen and Grupa Lotos could team up to buy convenience store chain Żabka. In June, Wholesale FMCG giant Eurocash said it was interested in taking over the company. “Eurocash is interested in new acquisitions, i...

Locked content Berner leases 2,900 sqm in Panattoni Park Kraków III

The Polish branch of Berner  has signed a lease for more than 2,900 sqm of warehouse and office space in Panattoni Park Kraków III. The developer Panattoni was represented by global real estate services firm Cushman & Wakefield. Panattoni Park Kraków III is a logistics center offering 34,500 sqm...

Locked content David Mitzner dies aged 101

Founder and chairman of Apollo-Rida Poland David Mitzner, seen by many as the doyen of the Polish real estate market, has died aged 101. Mitzner was born in Warsaw. He managed to escape the Holocaust but was arrested by the Soviets and spent eight years in a Siberian Gulag. After his release, he emi...

Locked content BIEC: Economic sentiment falls 0.6 pts

The leading indicator of economic sentiment (WWK) in Poland estimated by the Bureau for Investments and Economic Cycles (BIEC) in September decreased by 0.6 points and stood at 105.1 points in June. “For nearly one year, the index hasn’t changed its value significantly, which indicated a month...