Investment &amp; finance

POLAND Galeria Miodowa in Kluczbork was opened today.

Unibep sums up H1

POLAND Unibep has registered a revenue of PLN 367.1 mln for H1 2012 - slightly less than the PLN 368.2 mln that the company registered in same period of 2011.

Revenue up, profits down for Mirbud

POLAND In H1 2012 Mirbud registered a consolidated net revenue of PLN 278.1 mln, compared with the PLN 197.9 mln that the company recorded for the same period of the previous year.

NG2 comes to Hungary

HUNGARY NG2, the owner of the CCC, Boti and Quazi footwear brands, has established CCC Hungary Shoes, which is to be based in Budapest.

AIB PPM purchase by Peakside Capital finalised

POLAND Peakside Capital finalised on Wednesday August 21st its purchase of all the shares of Allied Irish Banks (AIB) subsidiary AIB PPM, which is now to be re-named Peakside Polonia Management (PPM).

Plaza Centers announces H1 results

22 August 2012

EUROPE Plaza Centers has released its results for H1 2012. The group’s operational revenues increased to EUR 33.7 mln, up by 42 pct on H1 2011 (EUR 23.7 mln), but nonetheless the group made a net loss of EUR 7 mln compared to a profit in the same period of the previous year of EUR 32 mln.

Interferie closes half year with a profit

POLAND Interferie generated a profit of PLN 476,000 in H1 2012.

One bidder for Uzdrowisko Rabka

POLAND The Ministry of Treasury has received only one offer to buy 91 pct of the share capital of the Uzdrowisko Rabka health resort in Rabka-Zdrój.

Atrium in profit

POLAND The EBITDA of Atrium European Real Estate came to EUR 76.4 mln in H1 2012, EUR 20.6 mln (36.9 pct) more than in the same period of the previous year.

PEPR delisting approved

EUROPE ProLogis European Properties (PEPR), one of Europe’s largest owners of modern distribution facilities, has received formal approval from the Luxembourg Stock Exchange to delist.

Two investors interested in Kraków-based company

20 August 2012

POLAND The state treasury has received two binding offers for the purchase of construction firm Przedsiębiorstwo Budownictwa Przemysłowego Chemobudowa-Kraków.

EU to fund motorway

20 August 2012

ROMANIA The EU has approved over EUR 210 mln in financing for the 26.5 km Timișoara–Lugoj motorway as well as a bypass around Timișoara (9.5 km).

Adriatic Luxury to take full control of two hotels

20 August 2012

CROATIA Adriatic Luxury Hotels has been given permission by Croatia’s financial regulator to purchase all the shares it does not own in two hotels in Dubrovnik.

Savills predicts EUR 2 bln investment by year-end

16 August 2012

POLAND Commercial property investment volumes in Poland are set to exceed EUR 1 bln in the second half of 2012, beating the H1 volume recorded at EUR 856 million, according to consultancy Savills.

GTC still in the red

16 August 2012

CEE REGION Globe Trade Centre has released its results for H1 2012. Gross profit from operations came to EUR 47 mln, which was unchanged compared to H1 2011.

Silver City sale completed

16 August 2012

RUSSIA O1 Properties has today announced that it has finalised its acquisition of the Silver City business centre in Moscow from Evans Randall for USD 333 mln.

Seven offers for Uzdrowisko Horyniec

14 August 2012

POLAND Seven companies are interested in purchasing a 89.26 pct stake in Uzdrowisko Horyniec in Horyniec Zdrój.

Bilfinger Berger publishes results

14 August 2012

WORLD Bilfinger Berger has released its results for Q2 2012. The company’s output volume increased by 2 pct to EUR 4.12 bln.

GDDKiA gets PLN 22 mln for A4

13 August 2012

POLAND The Treasury has been awarded PLN 22 mln in bank guarantees due to the failure of Radko to properly implement its contract.

Poor results for Helios

13 August 2012