Tag: Romania
European Parliament Passes AI Act to Safeguard Rights and Foster Innovation
In a landmark move on Wednesday, the European Parliament adopted the Artificial Intelligence Act, a groundbreaking piece of legislation designed to safeguard fundamental rights and safety while fostering innovation in the development and use...
Service centres occupy over half and 45% of the office stock in Krakow and...
Although employment in the shared services sector is growing by the year, this has not led to stronger demand for office space. However, SSC/BPO/R&D centres remain key office tenants in Krakow and Wrocław. Warsaw...
Poland’s Financial Sector Gears Up for Green Transition
The green transformation in Europe is increasingly influencing all sectors of the economy, including the financial industry. Successive regulations are forcing banks and other institutions to consider ESG issues when making decisions about granting...
Polish Businesses Hope for a More Business-Friendly Government
Unblocking funds from the KPO, restoring social dialogue and maintaining stability in regulatory changes, reverting to the previous method of calculating health contributions - this is just the start of the expectations of business...
CEE: The worst is behind us, but the recovery will be mild
The time of opportunity has arrived in Central and Eastern Europe. It seems that the region hit its lowest point in the third quarter – the worst is behind us, although the recovery...
Poland’s capital gains tax exemption for holding companies: A complex requirement with limited applicability
The problem with applying capital gains tax exemption when selling shares by a Polish holding company comes down to one statutory requirement. This requires a detailed knowledge of all indirect shareholders of the holding...
Renewable Energy Sources in Central-Eastern Europe
Even though Central-Eastern Europe does not have a major presence in the global renewable energy sector, it has seen significant growth between 2018 to 2022. During this period, the region increased its renewable energy...
Cross-border sales during Black Week
Cross-border trade provides an opportunity for much higher sales during Black Week, experts suggest. Where were Polish stores selling the most? Which categories were the most popular? How can online stores prepare for Black...
Baltona achieved a record net profit after restructuring
Foreign Trade Enterprise Baltona S.A. closed the year 2022 with a record result of PLN 35.6 million net profit. Such a favorable result was possible due to the completion of the restructuring process after...
Industrial developers take an interest in Rzeszów
Subcarpathia continues to gain importance and is likely to become a leading east-west transshipment hub supporting the rebuilding of Ukraine. Its potential has also been recognized by industrial developers who are building warehouses and...
Industrial and logistics rents are set to continue to rise despite increases in vacancy...
According to Savills latest European Logistics Outlook, growth in prime rents is set to remain robust across the continent having increased by 10.4% in the last four quarters. This is despite vacancy creeping up...
Industrial & logistics continues to outperform across Europe despite economic uncertainty
According to Savills latest European Logistics Outlook, take-up of industrial & logistics space across the continent totalled 37.5 million sq m in 2022. Despite ongoing economic uncertainty, this signifies a fall of only 6%...
Enduring occupier demand & record low vacancy rates will underpin resilience of EU industrial...
€42bn invested into industrial & logistics assets so far in 2022, 50% above the five-year average
In Q3 2022 average prime yields rose to 26%, up 20bps since Q1 2022
Consumer spending to...
What lies ahead for PRS in Poland?
Like years ago, the Polish Private Rental Sector is going through a blooming time as each commercial real estate sector segment. It requires a unification of offers, greater standardization of available space, and self-professionalization....
Investors are redefining strategies
In the first half of the year, investors were as eager to locate capital in Central and Eastern Europe as in Western real estate markets. However, global economic changes and the uncertainty they bring...
There is a battle for investments in Europe. Do we have a chance to...
Poland has every chance to become the largest beneficiary of the global economic transformation in Europe. We are more cost-effective than Western countries, we have good transport infrastructure and storage facilities, as well as...
Over 70% in EU support economic sanctions on Russia
Over 70% of people surveyed in the EU agree with the imposition of economic sanctions on Russia, with two-thirds feeling that more stringent sanctions should be imposed. Support for economic sanctions is particularly high...
Investors may take a wait-and-see approach before investing in the CEE region due to...
The construction, operation, financing, development and acquisition of commercial property in 2022 and beyond will continue to be impacted by the price of fuel, energy and construction materials. This will be combined with challenges...
Record levels of activity across Europe’s logistics market
Savills: e-commerce boom continues to drive record levels of investment & leasing activity across Europe’s logistics market.
According to Savills, the e-commerce boom is continuing to drive demand for industrial and logistics assets across Europe,...
The battle for commerce with express deliveries
Several companies on our market are already developing their dark store networks, which allow for the delivery of food products within a dozen or so minutes from the order, and new shopping platforms announce...