Clariant leases 4,000 sqm at Monopolis in Łódź

Swiss chemical company Clariant has leased almost 4,000 sqm of office space at the Monopolis mixed-use project, which Virako is currently developing in downtown Łódź. The tenant will open its new shared services center in the location. The Monopolis scheme will involve the revitalization and redevel...

Locked content Commerz System to employ 500 people in Łódź

German IT firm Commerz Systems wants to employ 200 people by the end of 2018 in its latest office in Łódź, opened on April 6, and plans to create 500 workplaces in total in its Polish branch. At the moment it has a payroll of 150 employees in Łódź. The company operates in Frankfurt and…

Locked content Łódź – the most congested city in Europe

According to the latest edition of the TomTom Traffic Index, Łódź is the city with the highest congestion level in Europe and highest in the world among small cities (less than 800,000 population). With 51 percent, an average citizen of Łódź spends 46 more minutes on his daily commute. During the mo...

Łodz got Poland’s first electric trams 118 years ago

On December 23, 1898 the city of Łodz put the first trams in Poland into service, and they were not pulled by horses. The 350 electric trams operating each day transported people, coal and other goods from train stations to factories, as well as around the city, according to a historical report from...

Locked content Łódź making huge investments in highway improvements

The voivodship of Łódz has PLN 620 million earmarked for spending on updates to its highway infrastructure, the Marshal’s Office reported on Wednesday. The money will be spent between now and 2020, and will be used on various highway projects, including a new 220-meter bridge over the Warta River an...

Łódź sells city land for record PLN 85 mln

During an auction on Friday, the city of Łódź sold a plot of land in Nowe Centrum Łodzi (NCŁ) for PLN 85.2 million. This is the biggest land sale in the city’s history. The new owner of the property will be the Ghelamco company, the Łódź magistrate informed PAP.

Locked content Court rejects mBank appeal on CHF credits

The Court dismissed mBank’s appeal against a ruling of the District Court for Łódź-Śródmieście in Łódź, which made financial awards in favor of 20 plaintiffs, holders of Swiss franc mortgage contracts with interest rates determined based on financial market parameters. The bank maintains that ...