Warsaw 78th most expensive office location

Warsaw ranked 78th in the most expensive office locations ranking, after a 2.1 percent drop in rents over the past year, according to a report prepared by CBRE. The ranking was topped by Hong Kong, Beijing, London and New York. Belfast, with a 25 percent increase in office year y/y was the city with...

Locked content Warsaw launches biggest tram tender in history

Poland’s capital city of Warsaw announced a tender for the supply of 213 new trams worth over PLN 2.3 bln, deputy mayor Renata Kaznowska said. The first ones would be delivered between 2019-2023. The city plans to use part of the new trams on new, currently planned or build connections in such...

Locked content Court orders Russia to pay building fees

A district court in Warsaw issued a declaration on Wednesday stating that Russia owes Poland PLN 7.8 million for using a building without having a valid contract to do so, a report on Radio Poland said. “The Russian Federation, which was aware of the date of the hearing, did not attend and did not t...

Locked content Nielsen to employ 700 in new Warsaw operations center

Nielsen, a company operating in the field of market research and analysis, is opening its first global operations center in Warsaw, Director General Mitch Barns announced. Ultimately, the center will employ 700 specialists dealing with research and analysis. “The economic stability of the coun...

Locked content Will Warsaw become the new financial capital after Brexit?

The large-scale migration of Poles to Britain may have contributed to the Brexit vote. But with the UK’s pending departure from the EU, London is set to lose its lustre. So which city will take over as the new financial capital of Europe? Frankfurt, Dublin, and Amsterdam have the greatest chan...

Locked content Ursus to manufacture 10 electric buses for Warsaw

Tractor producer Ursus’s consortium has won a tender for the delivery of 10 electric buses to Warsaw’s Municipal Bus Company (Miejskie Zakłady Autobusowe), Ursus informed in a market filing. The consortium consists of Ursus, AMZ Kutno and Ursus Bus. The value of the agreement stands at P...