Karkosik to invest zl.200m in Warsaw development

The new headquarters are to be built on a plot of land currently occupied by a 30 year old building housing Karikosik's Impexmetal. "The value of the building is low as compared to the value of the land, but we will not move out," said Adam Chelchowski, the president of Impexmetal and Boryszew. "Today we have over 10,000 square meters of total area, but we are counting on constructing a complex of business and commercial buildings five times larger and more modern. It should be attractive for potential tenants too, as we are planning to include attractions such as restaurants, fitness clubs, hotel rooms and apartments." The funds needed for the investment will be raised privately within Karkosik's companies. (Puls Biznesu, p. 13) A.K.