Locked content Nextbike unit wins tender for bike system in Poznań

Nextbike unit offer for the commissioning and operation of public bike rental system in Poznań until 2022 was chosen as the most favorable. The value of the offer is PLN 19.05 million gross, Nextbike said. The order concerns a fourth generation bike system consisting of 500 bikes, including 30 elect...

Locked content Fitch confirms Poznań rating at “A-” level

Ratings agency Fitch confirmed Poznań’s rating at the “A-” level – Poznań magistracy announced on Saturday. “A-” is the highest rating of the Fitch agency that can be obtained by a Polish self-government. The forecast for Poznań is stable. The “A-” rat...

Locked content Reconstruction of Lech bridge in Poznań begins

Reconstruction of the northern carriageway of Lech bridge in Poznań started at the weekend. The existing structure will be completely demolished and a new one will be built.  According to the agreement, the new bridge should be available for use at the end of January 2020. The completion of all cons...

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...

Poznań office market on a growth path – JLL

Poznań – the sixth biggest office market in Poland – will continue to attract tenants in the coming months with the city’s total existing office stock set to reach half a million sqm next year, according to JLL. The regional market currently offers 455,000 sqm of modern office area and its growth is...

Locked content Poznań secures PLN 45.5 mln in EU funds for infrastructure makeover

The city of Poznań has received PLN 45.5 million in EU funding for a major infrastructure redevelopment in the center of the city. The entire investment is set to cost PLN 100 million. The project involves city rail transit as well as the street network. It is scheduled to be completed by Q3 2020...

Locked content Five perish in fire near Poznań

A fire in a multi-family home in the village of Ryczywół, just north of Poznań, killed a mother and four of her adult sons early Saturday morning, while another person escaped injury by jumping out of a window. Fire brigade Captain Dariusz Szrama told TVN 24 television news that the fire had started...

Locked content Volkswagen’s new factory will open October 24th

On October 24 in Białężyce near Września (Wielkopolskie voivodship) Volkswagen will open its new factory, with a predicted production volume of nearly 100,000 cars a year. The investment is valued at PLN 3.3 billion; 2,800 workplaces are to be created. Volkswagen Poznań is the region’s biggest...

Locked content More than €196 million from EU to investments in Poznań

More than €196 million is the cost of implementing 12 projects under the Integrated Territorial Investments programme (Zintegrowane Inwestycje Terytorialne, ZIT) in the Poznań area. The main scheme is a system of interchanges, integrated around Poznań Metropolitan Railway. The projects amount to mor...

Locked content Skanska acquires land in Poznań

Real estate developer Skanska has signed a deal with PKS Poznań SA to  purchase the old bus station located at the cross section of Matyi and Wierzbięcice streets in Poznań, a press release read. The transaction will total PLN 63.5 million. Skanska is planning to develop a modern business project on...