P3 2017 expansion starts with €243 million Spanish portfolio acquisition
Pan-European logistics property investor-developer P3 has started its latest phase of expansion with the acquisition of a 322,500 m2 portfolio of 11 logistics and...
B-Act launches a public stock offering. Subscriptions for shares will start on October 9,...
B-Act S.A., an engineering company specializing in consultancy and supervision of construction investments, will start accepting subscriptions for series D shares within a public...
Sfinks Polska aims to double restaurants, repay debt, and expand beyond gastronomy by 2029
The Sfinks Polska Group's strategy for 2024-2029 anticipates the completion of the restructuring process within the company and further development of the network. Among...
MLP Group posts over PLN 0.5 billion (EUR 112 million) in net profit
Net profit amounted to PLN 526.1 million (EUR 112.2 million), up 160% yoy, driven by strong growth in rental income and revaluation gain...
Union Investment converts office portfolio in Poland to green electricity
Westbridge Advisory International AG, the international entity of operating cost optimizer Westbridge Advisory, has converted a portfolio of six landmark office buildings for Union...
Archicom’s shares return to the sWIG80 and sWIG80TR indexes
On December 15th, the quarterly adjustment of index portfolios was carried out, as announced by GPW Benchmark in their statement. As a result of...
Dreamliner PLL LOT will get new interiors
The retrofit will not only include a new interior design and seat replacement but also the introduction of modern onboard entertainment technology and internet...
Displate Recognized Among the Top Licensees in the World
Displate, the manufacturer of unique magnet-mounted metal posters, was named one of the top licensees in the world by License Global Magazine.
The industry’s leading...
TAURON Group’s H1: EBITDA topping PLN 2 billion and net profit of PLN 1...
EBITDA reached PLN 2.09 billion (up 26 percent year on year), while EBITDA margin was 23.9 percent
Net profit topped PLN 1 billion
...
mBank Group posts a net profit of PLN 411 million in Q1 2018
In Q1 2018, mBank Group once again reported higher income, while maintaining cost discipline. The bank was growing organically through client acquisition and strengthening...
PKN ORLEN’s consolidated financial results for Q4 2016
In 2016, PKN ORLEN posted record-high LIFO-based EBITDA of PLN 9.4bn before PLN 0.2bn impairment of assets, with all business segments contributing to a...
Play Communications S.A. announces allocation of shares in its initial public offering
PLAY Communications S.A. (the “Company”), 100% owner of mobile operator P4 sp. z o.o. (branded as PLAY; “PLAY”), one of Europe’s fastest growing telecom...
Selena Group: another quarter of profit growth
Selena Group, one of the leading producers and distributors of construction chemicals and the owner of the TYTAN brand – posts an increase in...
Car Scanner startup gets $2M in the seed investment round led by ffVC
Car Scanner brings the world’s first mobile lie detector for used car sales with fusion of robotics and artificial intelligence (AI) technologies. Cracow-based startup...
Ronson Development presents financial results for Q1 2018
In the first quarter of 2018, sales revenues reported by Ronson Development amounted to PLN 80.2 million and taking into account the value...
Bank Pekao achieved consolidated net profit for 2016 amounted to PLN 2,279 bln
Bank Pekao achieved consolidated net profit for 2016 amounted to PLN 2 279 m, remaining at the level of the previous year, despite the...
Arcona Property Fund posts record year of growth in 2017
The Arcona Property Fund closed 2017 with a valuation uplift of 3.7% compared with the equivalent portfolio a year earlier. The assessed value of...
Maciej Ćwikliński appointed President of Intermarché in Poland
In September, the new Chairman of the Board of the Musketeers Group, Sławomir Czarnecki, implemented the first strategic change in the company structures. He...
Cushman & Wakefield to manage more than 300,000 sq m of Skanska’s office property...
Global real estate services firm Cushman & Wakefield has signed a framework management agreement for 14 office buildings owned by the Skanska Group. The...
TAURON Group posts good Q1-3 2017 earnings
Significant increase of net profit to PLN 1.2 bln (versus PLN 0.3 bln in Q1-3 2016)
EBITDA and EBITDA margin rising to, respectively: PLN...
Polish companies becoming increasingly aware of cyber threats associated with AI
Artificial intelligence (AI) can be used both for cyberattacks and for defending against them. According to a study by EY - "How Polish Companies...
Polish industrial market 2023 overview and outlook for 2024
Poland's industrial sector slowed in 2023, but the market hopes to rebound in 2024. After the peak of take-up and supply in the so-called...
Will cheaper money in the eurozone stimulate the transaction market?
Polish real estate market is witnessing the first major investment transactions. The second half of the year will show whether a potential further interest...