Locked content Ronson gets financing for Królikarnia

Real estate developer Ronson has been granted a loan to finance its new Królikarnia housing estate in Warsaw. The PLN 61.9 million loan granted by Alior Bank is to cover the cost of construction and the project execution on ul. Jaśminowa in Warsaw. In the first stage, the company wants to construct ...

Locked content Prosperity index falls 0.1 pt

The prosperity index, calculated by the Bureau for Investments and Economic Cycles (BIEC), has fallen by 0.1 point in September m/m and stands at 104.9 points. The index has grown continuously since August 2015. This month’s decline is a result of a stagnant unemployment rate. Salaries grew a ...

Locked content PKP files to invalidate privatization of PKP Energetyka

State railway group PKP has filed a motion with the Warsaw-based court to declare nullification of the privatization of its rail power unit PKP Energetyka last year due to a series of irregularities in the process, PKP and Ministry of Infrastructure officials told the Polish Press Agency (PAP). R...

Locked content JSW to issue bonds worth up to PLN 300 mln

Coal group JSW is planning to issue up to PLN 300 mln worth of bonds to be addressed to state-controlled restructuring vehicle TF Silesia, the company said in a market filing. The bonds will mature on March 31, 2025 at the latest. The company will have an option of an early redemption. Bonds will be...

Locked content Ursus opens new production plant

Tractor manufacturer Ursus has opened a new 23,000 sqm production plant in Lublin. The investment value stands at PLN 6.5 million and took seventh months to deliver. Tractors, electric vehicles, military vehicles, buses and trolleybuses will be made at the new facility. Ursus currently has three pro...

Locked content Gasoline prices remain stable w/w

Since last week, gasoline prices have remained stable, according to BM Reflex, a sector researcher. On September 15, 95 fuel sold at PLN 4.44,  diesel at PLN 4.26 (-0.01) and LPG gas at PLN 1.88. The second half of September shouldn’t bring any significant changes in terms of average gasoline ...

Locked content C&W: Poland’s office stock at 8.7 mln sqm end-H1

At the end of H1 2016, Poland’s office stock totalled 8.7 million sqm. Warsaw remains the largest office market with Kraków, Wrocław and the Tri-City becoming major regional office hub, according to Cushman & Wakefield’s report Property Times: Office Market In A Growth Phase. The largest o...

Locked content Panattoni Europe to build a logistics center for Sanden Manufacturing

Industrial real estate developer Panattoni Europe has laid the cornerstone to mark the beginning of the construction of a logistics centre for Sanden Manufacturing Poland. The facility will be divided into a warehousing section with 6,211 sqm, and office and staff facilities with 268 sqm. The invest...