Image: NEPI Rockcastle

Solaris Center mall extension starts in Opole

Investor NEPI Rockcastle and the municipal authorities of Opole in south-western Poland have launched a public-private partnership project, which will involve the extension and modernization of the Solaris Center shopping center in the downtown of the city. The scheme, which is valued at PLN 100 mil...
Atrium_Garden for web

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...
Piotr Krajewski - Fotografia Architektury / Architectural Photography

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 PORR-led consortium with PLN 412 mln railway deal

Consortium of PORR Polska Construction and Trakcja System consortium signed a PLN 412 million net deal with railway infrastructure firm PKP PLK for the modernization of the Opole-Kędzierzyn-Koźle section on the E30 route. The works will cover about 44 km of tracks and include a comprehensive replace...

RPP member: rates should be hiked as soon as Q1 2018

According to Eugeniusz Gatnar from the Monetary Policy Council (RPP) interest rates should be increased early next year to offset rising inflationary and wage pressures. “If wage pressures rise in line with my expectations and inflation comes near the target then I would expect interest rates to be ...

Locked content PBG with H1 loss

WSE-listed construction firm PBG recorded a PLN 3.83 million consolidated net loss in H1, down from a PLN 828.7 million profit last year. EBIT amounted to PLN 20.9 million, compared with PLN 828.7 million in the corresponding period last year. According to PBG’s financial report, this year’s results...

Locked content BOŚ Q2 profit grows

WSE-listed lender BOŚ reported a consolidated net profit of PLN 23.4 million in Q2, compared with PLN 1.17 million profit last year. Net interest income came in at PLN 97.21 million, versus PLN 67.72 million in Q2 2016. Net fees and commissions totaled PLN 25.72 million, compared with PLN 28.81 mill...

Locked content Enterprise Investors sets up a €498 mln fund

Enterprise Investors has completed fundraising for its Polish Enterprise Fund VIII fund with €498 million raised, exceeding the original hard cap of €450 million. The fund will finance mid-market buyouts and growth companies in the CEE region, with at least 50 percent of it to be spent in Poland. “T...