Still riding the wave

Investment
Leszek Sikora, the managing director of ECE Projektmanagement Polska, outlines the future development of the company on the Polish market. ECE aims to extend its portfolio to new projects but for now it is busying itself with working on the modernisation of those it already has.
Aneta Cichla, ‘Eurobuild CEE’: How do you see Poland in retail terms compared to other European countries and the rest of the Central and Eastern European region? Leszek Sikora, managing director, ECE Projektmanagement Polska: Perhaps I will start with the positive factors. Poland has been characterised by sales growth of a few per cent in its shopping centres for a number of years, which is not typical for Europe as a whole. And it is the better centres that are strengthening their positions. We are also seeing growth in the Czech Republic and Hungary. Meanwhile, we have the opposite trend on the richest European markets. In Poland this is a result of economic growth and a constantly rising disposable income, among other factors. We have been pleasantly surprised by this. As far as the other factors are concerned, things are not that rosy. In particular, the legal environment has become unstable over the last few months. This includes proposals for new regulations tha
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