Carrefour supermarket at Galeria Korona mall in Kielce

A Carrefour supermarket has been opened at the Galeria Korona shopping center in Kielce. The store occupies 1,350 sqm at the mall and is the chain’s first supermarket in the city. It is operated on a franchise basis. Carrefour currently has almost 900 stores (in five formats) in Poland. The company ...

BNP Paribas RE to commercialize Warsaw’s Vipol Plaza

BNP Paribas Real Estate Poland has been appointed as the exclusive leasing agent for the Vipol Plaza office complex in Warsaw, which is owned by Vipol. The complex is located on ul. Młynarska in the Wola district of the Polish capital and consists of three buildings offering a total of over 11,000 s...

Locked content Poland 36th in globalization – report

Poland ranked 36th in the world in the level of globalization, measured for 169 countries using the Global Connectedness Index (GCI), according to DHL, the author of the study. With exports comprising as much as 44 percent of GDP, Poland overtook Japan and Canada among others. Surprisingly, even wit...

Locked content Report: EU will lose billions due to Brexit by 2030

New report of DNB Bank Polska and the PwC: “Directions 2019. New hopes, new threats in the era of growing economic egoism. Consequences for the Polish economy and enterprises,” estimated that the UK’s GDP in 2020 should be 3-5.5 percent lower that it could be without Brexit. “In turn, depending on t...

Locked content Famed with PLN 55 mln in revenue in 2018

Medical equipment manufacturer Famed Żywiec recorded revenue of over PLN 55 million in 2018 and reported the third consecutive year with a positive EBIDTA result, which amounted to over PLN 2.3 million, the company said on Wednesday. Last year’s revenues were higher than those achieved in 2017 by 25...

Locked content Brexit will make extradition of criminals more difficult

Daily Rzeczpospolita stated that there is a threat that after the United Kingdom leaves the European Union on March 29, 2019, the provisions on the European Arrest Warrant will no longer apply to that country. Opinions of lawyers in this matter are divided. The British Institute for Government (IFG)...

Locked content Charges filed against former Orlen head and VPs

The Regional Prosecutor’s Office in Łódź has accused the former president of the PKN Orlen Jacek K. and the two former directors – Michał S. and Leszek K. of failure to fulfill obligations that led to the financial detriment of over PLN 3.4 million to the company. The accusations related to mi...

Locked content Agreement on Nord Stream 2 directive reached

Representatives of the European Parliament, member states (Council of the EU) and the European Commission agreed in Strasbourg on a draft gas directive that concerns the Nord Stream 2 gas pipeline. The document contains an amendment that says EU law will be directly governed by those parts of the se...

Locked content ABC Data with binding offer for sale of Czech subsidiary

The Management Board of ABC Data received from Investment Gear 2 a binding offer to purchase 100 percent of shares in the subsidiary ABC Data s.r.o. based in Prague, together with the draft agreement for the sale of shares. The proposed price for the purchase of shares is PLN 150,000. The board also...