Locked content Kvarko invests in Hotel Application

Kvarko invested  PLN 1.2 million in Hotel Application, which supports organization of events for the hotel industry using artificial intelligence. The application aims to reduce costs of services and marketing and simplify the organization of conferences and other events.  The investment was carried...

Locked content Investment growth at 4-5% – Borys

Investment in Poland is growing at 4-5 percent annually, according to the president of the Polish Development Fund (PFR) Paweł Borys. He stated that while in the first half of 2017, lower investments were disconcerting, the second half of last year saw investment levels increase. “It would be good i...

Poland 2nd most attractive investment location in CEE – AHK

Poland maintained its position as the second most attractive investment destination, behind Czechia, among CEE countries, according to a survey conducted by German-Polish Chamber of Commerce (AHK Polska). Poland received an overall score of 3.99 (on a scale of 1-6) in 2018, down from 4.09 in 2017.

Locked content Innova Capital raises €194 mln for Innova/6 fund

A private equity firm Innova Capital confirmed the first closure of the fund Innova/6  with €194 million, the fund said.  The minimum capital level for this fund was set at €150 million. Over the 12 months before the first closure, Innova reached 60 percent of the investment limit of  €325 million, ...

REAL ESTATE INVESTMENT: Built to last

Real estate continues to attract international investors, despite concerns of a correction being underway. What makes them interested in the Polish market? Which asset classes are they most eager to buy and what can they expect over the next two years? WBJ sat down with Rafał Zięba, Managing Partner...

Locked content Polish exports promotion agency to open 70 foreign offices

Polish Investment and Trade Agency (PAIH) will employ 140 people in 70 new foreign offices it is planning to open across the globe. The Agency is interviewing nearly 700 candidates for the positions. “We will ultimately need some 140 employees, statistically two people per office. Some offices...

Locked content More than 600 new jobs for Łódź SEZ 

Ten new business permits for the Łódź Special Economic Zone will result in over 600 new jobs and investments worth nearly PLN 500 million. Six companies are debutants in the Łódź Special Economic Zone and four businesses will develop their current activities.   “We value both new companie...

Locked content Over 50% of industrial firms plan investments in 2017 – GUS

The Central Statistical Office (GUS) informed that 50.7 percent of industrial firms are planning investments in 2017, as are 32.4 percent of construction companies. Among enterprises carrying out industrial activities, the most widely used source of investment financing are own funds (91.3 percent)....