Locked content Giraffes added to list of endangered species

Two subspecies of giraffes are “critically endangered” with extinction, said the International Union for Conservation of Nature (IUCN). Out of the nine existing species of giraffe, the Nubian and Kordofan species that live in East, Central and West Africa have been added to the list. Bec...

Poles will spend nearly PLN 24 bn this Christmas

This holiday season will be more expensive than last year. In total, Poles will spend PLN 1.88 billion more than in 2017. On average, Polish families will spend PLN 1,754. Those who receive the 500+ child benefit will spend even more.

Locked content EIA cuts oil price forecast

The American Energy Information Administration has lowered its previous forecasts for oil prices for 2018 and 2019. According to the latest report entitled “Short-term Energy Outlook,” the average price of the WTI oil barrel in 2018 will amount to $65.18, which is 2.4 percent lower than ...

Locked content Housing deficit in Poland at 2.1 million units

There is a lack of around 2.1 million apartments in Poland, and by 2030 this deficit will increase to 2.7 million units due to the growing number of households, according to a report prepared by HRE Think Tank entitled “How many apartments are missing in Poland?” According to HRE Think T...

Echo Investment with new residential project in Poznań

Warsaw Stock Exchange-listed developer Echo Investment has launched pre-sales in its Apartamenty Esencja residential project in Poznań. The scheme will be located on ul. Garbary in the downtown of the city and will comprise approximately 260 units. It is scheduled to be completed in the second half ...

New tenant at MLP Pruszków I park

Logistics company Smart Cargo Solutions has leased more than 2,000 sqm of warehouse space at the MLP Pruszków I logistics park in the Warsaw area with the transaction having been brokered by Axi Immo. The tenant will move into the property in February next year. MLP Pruszków I is the first logistics...

Marvipol selling rental apartments in Gdańsk

Developer Marvipol Development has launched sales in its Dwie Motławy residential project in Gdańsk, which will be located on ul. Toruńska on the city’s Granary Island. Currently on offer are 62 rental apartments and two commercial units with a further 41 rental apartments expected to be put up for ...

Locked content Morawiecki: Poland will spend €3 bln on electromobility

Prime Minister Mateusz Morawiecki wrote on Twitter, that over the next 10 years, Poland will spend at least €3 billion on electromobility. “We take this issue seriously… The money will be invested to develop research projects that will translate into increased innovation and better air quality,” he ...

Locked content Tusk: ‘We will not renegotiate the Brexit deal’

The President of European Council Donald Tusk said that Brussels will not renegotiate the Brexit deal. “We will not renegotiate the deal, including the backstop, but we are ready to discuss how to facilitate UK ratification. As time is running out, we will also discuss our preparedness for a no-deal...