Tag: Warsaw

Śnieżka Group Reports Q1 2024 Financial Results and Strategic Distribution Model Expansion

Grupa Śnieżka achieved sales revenues of PLN 172.3 million in Q1 2024, a 14.5% year-on-year decline. In the analyzed period, EBITDA amounted to...

Polish Banks Report Financial Challenges Amid New Loan Holidays and Existing Swiss franc Loan Issues

On the Warsaw Stock Exchange, Polish banks, reporting their financial results, revealed the scale of financial problems related to new loan holidays and ongoing...

Poland Office Market Q1 2024 Summary

International consulting firm Cushman & Wakefield has summarized the first quarter in Poland's office sector. High lease renegotiation rates in regional markets, more available...

Chairman of the KNF: We are concerned about the limited interest of entrepreneurs in investments. This affects the low demand for investment loans

In the first quarter of 2024, banks improved their results despite comparing them to an excellent year in 2023. Thus, they have the capability...

Prime Minister Donald Tusk Announces €300 Million Investment for Poland’s “Iron Dome” Project

Prime Minister Donald Tusk met in Warsaw with the President of the European Investment Bank, Nadia Calvino. Over the 20 years of our EU...

Warsaw: A Hub for Businesses, Big and Small

Warsaw is a great place to locate small business units (SBUs). Although small and flexible warehouse modules have been trending for years, it takes...

Cromwell sells 6 shopping centers in Poland to a Czech investment fund for €285 million

Cromwell Property Group has finalized the sale of six shopping centers, including CH Janki. The buyer is a Czech investment fund looking to expand...

Record Revenues for the GPW Capital Group in the First Quarter of 2024

In the first quarter of 2024, the Warsaw Stock Exchange Capital Group achieved record sales revenues of PLN 118.2 million, an increase of 5.3%...

Łódź Warehouse Market: Strong Foundations and Room for Growth

For years, the Łódź Voivodeship has been an attractive location for developers due to its strategic position and well-developed road infrastructure. Projects here are...

The KNF has approved the prospectus for the new bond issuance program of Cavatina Holding S.A.

The new bond issuance program allows Cavatina Holding S.A. to issue bonds worth up to PLN 150 million (or the equivalent in EUR). These...

Mikołaj Ciaś Appointed Vice President of LINK4

Mikołaj Ciaś, a manager with 20 years of experience in the FMCG sector, has been appointed as the Vice President of the Management Board...

Warsaw Office Space Demand Reaches 139,000 sqm in Q1 2024, with Tenants Preferring Non-Central Locations

In the first quarter of 2024, the demand for office space in Warsaw reached 139,000 sqm, accounting for half of the total leased space...

Skanska Sells Warsaw’s Studio B to Stena Real Estate AB for €86 Million

Skanska has signed an agreement to sell its Warsaw project, Studio B. The buyer is Stena Real Estate AB, an international real estate entity...

The airport in Modlin is undergoing expansion

The new authorities of the Modlin airport have plans for expansion and necessary investments. The management board has obtained approval from the supervisory board...
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