The Group plans to invest 650 million zlotys on the development of production and logistics. One of the largest food companies in Central and Eastern Europe wants to implement a huge project in Wadowice. The Maspex Group, a Polish food giant and owner of brands such as Tymbark, Kubuś and Łowicz, plans to invest approximately…
Reuters reported that the assembly of SKD Chinese Leapmotor cars is to start in Tychy in the second quarter of this year. There is a chance that the Chinese cars will replace the Fiat 500, which is going out of production this spring. Leapmotor 03 – a small, city car with dimensions and even a…
New LNG gas carriers “Józef Piłsudski” and “Ignacy Paderewski” owned by ORLEN group will start service in 2025 increasing the group’s LNG fleet to six ships. Construction of both carriers in Hyundai Samho Heavy Industries shipyard is on schedule and expected to end in first half of 2025. Like the group’s previous carriers, “Lech Kaczyński”,…
Baltic Offshore Service Solution is the name of the service company established by partners developing the Baltic Power offshore wind farm. The service company was established by Energa Wytwarzanie (from the Orlen group) and the Canadian Northland Power, which is a minority partner of Baltic Power with a capacity of 1.2 GW. Baltic Offshore Service…
Polish e-commerce giant Allegro – a leading player on the domestic market – has expanded its brand to a third country in the region after launching the Allegro.sk shopping platform in Slovakia. Allegro, also one of Europe’s largest e-commerce platforms, has since 2022 been operating in Slovakia, the Czech Republic, Hungary and Croatia under different…
The prices of investment land are stimulated by the very limited supply of plots in attractive locations in the largest agglomerations in the country. Recently, there have been major changes on the investment land market in Poland. The expectations of plot owners are still high, however buyers are willing to pay more for plots that…
The Polish care industry remains a European leader during the crisis – optimistic perspectives, transitional difficulties. Year by year, there is an increasing demand for home care services in the European Union as the European population continues to age rapidly. According to data from the Central Statistical Office (Główny Urząd Statystyczny – GUS), Poland’s demographic…
The global real estate market is slowly recovering from the turbulence of recent years, and MIPIM 2024, organized for the 33rd time from March 12 to 15, 2024 at the Palais des Festivals in Cannes, has attracted the world’s most important players in the industry, as well as investors, bankers and politicians – including office…
In the end of December 2023 Eiropas Dzelzceļa Līnijas implementing the Latvian part of Rail Baltica project signed € 3.7b contract with the winning consortium ERB RAIL composed of Eiffage Génie Civil (France), Budimex (Poland) and Rizzani de Eccher (Italy) to construct 230 km of high-speed railway in Latvia. Now technical documentation and formalities are…
Polish trailer manufacturer Unitrailer has acquired 100% of Dutch company Henra Aanhangwagens and outlined plans to become the leader of the European market within two years, aiming for a 10-13% market share. Unitrailer Holding – Poland’s commercial trailer market leader with a gross vehicle weight of up to 3.5 tons – in February bought Henra…
‘The Fintech Industry in Warsaw,’ a report published by Antal, shows that the capital is one of the important Fintech hubs, mainly thanks to its large talent pool. Some 45% of Fintech companies in Poland are located in Warsaw and the city is listed ahead of important Fintech centers such as Munich and Milan. Experts…
Key takeaways from the “Polish EV Outlook Index,” published by the PSPA, IBRM Samar and OTOMOTO. The electromobility market is growing, though with more determination and support for sustainable transportation by the government, BEV sales in Poland would have exceeded 45,000 last year, the PSPA estimates. 20,000 new all-electric passenger and commercial vehicles were registered…
