PL

Investment & finance

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Erbud takes over Engorem

schedule 27 November 2012
Eurobuild CEE

POLAND Erbud has purchased 80 pct of the shares in Engorem, a company that specialises in comprehensive investment, renovation and diagnostic services for the energy sector.

KCI Park Technologiczny Krowodrza shares for sale

schedule 27 November 2012
Eurobuild CEE

POLAND The government is to put the shares of KCI Park Technologiczny Krowodrza up for sale in an auction.POLAND The government is to put the shares of KCI Park Technologiczny Krowodrza up for sale in an auction.

Czerwona Torebka starts public share offering

schedule 26 November 2012
Eurobuild CEE

POLAND Czerwona Torebka, a Polish chain of shopping arcades, has published its share prospectus. A total of 16,341,666 new shares (25 pct of the company’s share capital) are to be issued.

Condohotel under Tatra mountains

schedule 26 November 2012
Eurobuild CEE

POLAND Nosalowy Dwór that it will cost PLN 50 mln a condohotel in the existing Nosalowy Dwór Resort & Spa complex in Zakopane.

Tacit becomes holding company

schedule 26 November 2012
Eurobuild CEE

POLAND Tacit Development Holding, comprising Tacit Development, Plac Katedralny and Jasnier has been established with PLN 117 mln in equity.

Marvipol to buy land for money from stock flotation

schedule 26 November 2012
Eurobuild CEE

POLAND Marvipol has announced that subscriptions for I series non-voting shares are to start on the November 26th. Investors will be able to buy 7.4 mln non-voting shares with a value of PLN 85.5 mln.

BNP joins the Professionals

schedule 23 November 2012
Eurobuild CEE

CZECH REPUBLIC BNP Paribas Real Estate has entered into a partnership with Czech property agents Professionals.

Former Staropramen brewery sold

schedule 23 November 2012
Eurobuild CEE

CZECH REPUBLIC ING Real Estate Development has sold the Braník brewery located in Braník, Prague 4.

Budapest sold in Moscow

schedule 21 November 2012
Eurobuild CEE

RUSSIA According to local media reports, the Budapest hotel in Moscow has been sold at auction to Novostroy+ [Новострой+] for RUB 1.036 bln (app. EUR 25.1 mln), through purchasing 100 pct of the share capital of the company owning the property.

VGP goes for growth

schedule 20 November 2012
Eurobuild CEE

CZECH REPUBLIC In the third quarter, Czech warehouse developer VGP signed new annualised committed leases worth more than EUR 1.5 mln, of which EUR 1.2 mln related to new leasable space and EUR 0.3 mln to renewals of existing leases.

Hochtief takes over from Menolly in Powiśle

schedule 20 November 2012
Eurobuild CEE

POLAND Hochtief Development Poland has finalised the purchase of land from the former Powiśle electricity plant in Warsaw from Irish developer Menolly.

More money for solar panels

schedule 16 November 2012
Eurobuild CEE

POLAND Due to the large number of applicants, the National Fund for Environmental Protection and Water Management has decided to increase state funding for solar panels by PLN 150 mln.

Polimex-Mostostal sells the family silver

schedule 16 November 2012
Eurobuild CEE

POLAND In Q1 2013 Polimex-Mostostal is to receive PLN 219 mln from the sale of the company’s assets.

Cinema City releases Q3 results

schedule 16 November 2012
Eurobuild CEE

CEE REGION In the Q3 2012, Cinema City generated revenues of EUR 74.9 mln (an increase of 8.0 pct y-o-y). EBITDA and net income increased by 33 pct and 10 pct, respectively.

Echo Investment releases Q3 results

schedule 16 November 2012
Eurobuild CEE

POLAND Echo Investment has released its results for Q3 2012. Operating revenue increased by 45 pct compared to 2011 and came to PLN 159 mln.

Apollo to sell Warsaw warehouse/ office plot

schedule 16 November 2012
Eurobuild CEE

POLAND Electronics distributor Apollo Electronics is looking to sell a plot of land ul. Municypalna in Warsaw, which has a building permit and an architectural design

EM&F to open 30 stores before year-end

schedule 16 November 2012
Eurobuild CEE

POLAND EM&F group has recorded a revenue of PLN 759 mln for Q3, constituting a 9-pct y-o-y rise.

Vantage Development also to invest outside Wrocław

schedule 16 November 2012
Eurobuild CEE

POLAND During the first three quarters of 2012 Vantage Development sold 63 apartments and four service premises, generating a profit of nearly PLN 4.5 mln.

Polimex-Mostostal sells Łódź factory

schedule 16 November 2012
Eurobuild CEE

POLAND Polimex-Mostostal is to sell the ZREW transformer factory in Łódź to American private equity fund Highlander Partners for PLN 46.7 mln.

Rank Progress plans to start four new projects in 2013

schedule 16 November 2012
Eurobuild CEE

POLAND Rank Progress has recorded a net profit of over PLN 36 mln for Q3 2012. At the end of the period the company’s total debt was down by 2 pct y-o-y and came to 47.7 pct, while the company’s short-term liabilities dropped by 66 pct from PLN 111.8 mln to PLN 38 mln.

Edition 4 (287) April 2024

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