Ronson buys land in Warsaw worth PLN 36 million

Real estate developer Ronson has signed an initial deal to buy ground on ulica Marywilska in Warsaw for PLN 36 million to carry out the biggest housing project in the company's history. "The investment in the district of Żerań opens a new chapter in Ronson's history. For the first time we will operate on the Wisła's right bank and, what's more important, it's our first investment on such a large scale. This way we can achieve our strategic goals in increasing the scale of our operations," said Tadeusz Łapiński, CFO, Ronson. The project encompasses the construction of 1,500 units, 150-200 of which are to be built as part of the first stage.