Locked content Polish Police close world’s largest fake Viagra factory

Polish police have closed what is believed to be “world’s largest” fake Viagra factory in Bydgoszcz. The facility was capable of producing around 100,000 fake pills worth an estimated PLN 17 million. “It was the world’s largest factory making anti-impotence drugs accord...

Locked content TriGranit finalizes sale of Bonarka mall

TriGranit has finalized the sale of Bonarka City Center shopping mall in Kraków,  but will continue to manage the property for the next two years, the company said. The buyer is Mauritius-based investment fund Rockcastle who had earlier signed an initial deal to take over the 92,000 sqm of GLA in Bo...

Locked content Value of energy companies may grow by PLN 50 bln – Energy Minist...

Energy Minister Krzysztof Tchórzewski said that the value of energy companies may grow by PLN 50 billion in the coming years by increasing share capital from retained earnings as the move would contribute to the financial stability of the companies. ” . . . if we do it [increase the nominal va...

Locked content Colliers summarizes Katowice’s retail market

The Katowice conurbation is characterized by a distracted retail market with two main centers – Katowice and Gliwice. There are 44 schemes that significantly vary in terms of size and quality. These total 1.1 million sqm of GLA with a density of 519 sqm/1,000 inhabitants. There are almost 48,890 inh...

Locked content Polish company becomes Xiaomi’s first distributor in EU

Polish firm ABC Data has become the first official distributor of Chinese electronics producer Xiaomi in the European Union, Ilona Weiss, CEO of the company informed.  “Xiaomi is one of the fastest growing manufacturers in the world. I am convinced that the products of our partner will enjoy g...

Locked content Nordea Bank opens 3,000 sqm in Łódź

Nordea Bank has opened a 3,000 sqm office in the Symetris Business Park complex where around 300 people will work, Eurobuild CEE informed. “We are developing very dynamically. We currently employ over 1,600 people in Łódź and the Tri-City and Symetris Park is our third location in Łódź,” said Mikoła...

Locked content Alma Market to lay off up to 1,321 people

Polish retailer Alma Market is planning to carry out collective redundancies and lay off 1,321 employees. The move is caused by the planned closures of unprofitable outlets and scaling down operations, the company said in a filing. The company filed a motion in mid-September with a regional court in...

Locked content Katowice opens office in Silicon Valley

The city of Katowice has decided to open an office in Palo Alto in order to help entrepreneurs from the city and the region to get set up  in Silicon Valley. The president of Katowice has also created the office of an advisor for the cooperation with the Silicon Valley. Professor Piotr Moncarz from ...