Image: BBI Development

BBI signs major tenant for Centrum Marszałkowska in Warsaw

A debt buying company whose name has not been revealed has leased a total of more than 5,200 sqm of office space on four floors in the Centrum Marszałkowska mixed-use project that Warsaw Stock Exchange-listed developer BBI Development is now (in cooperation with WSS Społem Śródmieście) developing in...

Locked content 30 casualties in road accidents during the long weekend

According to the police statistics, 30 people were killed on Polish roads during the August long, 5-day-long weekend. Another 610 were injured in 468 accidents, police stopped over 1,500 drunk drivers. Last year, during the Assumption of the Blessed Virgin Mary long weekend, 45 people were killed an...

Locked content Poland wants to have 4.5 GW of nuclear capacity by 2040

According to the Minister of Energy, Krzysztof Tchórzewski, Poland wants to have 4.5 GW nuclear power capacity by 2040. He added that Warsaw should be able to finance the construction itself, but the technology will be purchased in the tender, “the choice of equipment will be such as to guarantee th...

Locked content Lotos eyes US oil

WSE-listed, state-owned gas giant Lotos is considering buying oil in the US, although doesn’t expect first deliveries this year. “We are working intensively on opening up the US routes when it comes to oil,” company’s deputy CEO Jarosław Kawula said. He added that currently, based on information fro...

EU subsidies reach PLN 117.9 bln

The value of EU subsidy applications submitted by August 16 amounted to PLN 235.4 billion, according to data released by the Ministry of Development. Till mid-August, 20,873 contracts for the EU co-financed projects amounted to PLN 117.9 billion in EU subsidies.
Image: Penta Investments

Penta completes first office project in Poland

Investor Penta Investments has completed its D48 project in Warsaw, which is the first office scheme of the company in the Polish market. Tenants are expected to start moving into the building in October. The development is located at the intersection of ul. Domaniewska and ul. Postępu in the Służew...

Locked content WSE suspended trading of six companies

WSE decided to suspend trading of Elkop shares on the main market between August 25-September 6. The bourse also suspended trading on shares of five companies listed on the small-cap, alternative market NewConnect: Alkal, Dase, Ekokogeneracja, Loyd and Polscy Inwestorzy, starting from August 18. The...

Employment and wages growth continues in July – GUS

According to data released by the Polish Central Statistical Office (GUS), the average employment in July grew by 4.5 percent year-on-year, while the wages grew by 4.9 percent. In month-to-month terms, wages inched down by 0.1 percent, while the employment increased by 0.3 percent.