Locked content Umicore will invest in Poland PLN 1.38 bln

Belgian Umicore wants to invest PLN 1.38 billion in Poland. The group plans to build a factory in Nysa city, the Ministry of Enterprise and Technology said in a press release. The production should begin by the end of 2020. According to the plan, Umicore will hire more than 400 employees. As part of...

Locked content Bridgestone plans to invest PLN 700 mln in Poznań

Bridgestone concern in Poznań plans to invest nearly PLN 700 million in new technological solutions and production optimization by 2020. The investment should allow increasing daily tire production to over 40,000 units from the current 31,000. So far Bridgestone has invested over PLN 2 billion in th...

31% of companies plan to use R&D tax breaks in 2018 – KPMG

Nearly a third of companies (31 percent) plan to use the R&D tax breaks in 2018, while 64 percent intend to increased R&D spending within the next three years, according to a report published by consultancy KPMG. Out of the companies that plan to increase investments, 49 percent are going to...

Locked content Zielona Góra builds more bicycle paths

About PLN 4.8 million is the amount which  Zielona Góra plans to invest in building more cycling paths in the eastern part of the city, Monika Zapotoczna from the Zielona Góra City Office informed PAP on Thursday. This is the beginning of the second stage of extending the bicycle infrastructure in t...

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...