Liebrecht & wooD and BBI Development signed investment agreement
Developers Liebrecht & wooD and BBI Development have signed an investment agreement for the Plac Unii development. In accordance with the agreement both partners will invest in the project around 155 millions PLN.

The promise of mobile payment (m-payment) – the wireless transmission of money from mobile phone to reader or from mobile phone to mobile phone, holds much promise in terms of convenience for the user. Small value transactions, such as the purchase of a newspaper, soft drink or bus ticket, will be made without hunting for loose change but by simply placing one’s mobile near to a reader. The sum will be added on to your mobile phone bill at the end of the month, or deducted from a pre-paid account.

DHI PL in cooperation with DHI CZ has been contracted for software delivery, training and consultancy services in a project dealing with flood hazards as a result of dam breaks. The project is being executed by the Regional Water Management Board in Krakow (RZGW, Regionalny Zarząd Gospodarki Wodnej w Krakowie) in cooperation with the dam safety branch of the Institute of Meteorology and Water Resources (IMGW, Instytut Meteorologii i Gospodarki Wodnej).

Wizz Air has announced plans to further expand its operations from Poland with the launch of two new routes - from Warsaw to Madrid and from Gdansk to Barcelona.

Central Europe continues to play a significant role on the industrial real estate map, and despite the rebalancing of the global economy, the market saw a number of major transactions; last year, around 1.5 million square metres of modern industrial space was let in the Central European region.

The Warsaw Stock Exchange has received the “Recognised Stock Exchange” designation from HM Revenue and Customs (HMRC). The designation awarded to the WSE Main List and the retail EU-regulated segment of Catalyst will make these markets more attractive and accessible for UK-based investors.

A delegation of Australian companies will visit Warsaw and Katowice in March 2010 to seek cooperative alliances and business opportunities with Polish coal mining companies.

CFM market hibernated
The year 2009 was one of the worst periods in the history of the CFM sector in Poland. The so far rapidly growing interest in CFM and the noted 20-30% increase in sales are – for now – in the past. The CFM market expanded by 5.3% y-o-y in 2009. At the end of year, there were 130,500 cars in managed company fleets, the newest report by Keralla Institute shows.