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News
PKG Real Estate Summer Update, June 2010
09-06-2010 It's been a tumultuous few months in Poland, with flooding in Krakow and other parts of Southern Poland in May following the tragic death of the President and other high ranking officials in April's plane crash. This month, Poland will go to the polls early to decide on a new president, with Bronislaw Komorowski favored to win over Jaroslaw Kaczynski, twin brother of the deceased president. Recent public debt woes in Greece and other Southern European countries have negatively impacted the zloty, but analysts and government officials continue to paint a positive picture for Poland's economy and growth prospects.PKG Real Estate – Spring Update – March 2010
02-03-2010 We are now approaching the end of a cold and snowy winter, even by Krakow standards. Unsurprisingly, both the rental and sales market have been quiet during the winter, though we can already see rising levels of interest in the market as spring approaches.
Fiat to increase investment in Bielsko-Biala
09-03-2009
According to news reports in recent days, Fiat is set to invest a further 400m EUR in its existing plant in the southern Polish city of Bielsko-Biala. The current factory, which produces more than half a million diesel engines annually, is to be converted to produce the company's new 0.9 litre fuel-efficient petrol engine. It is not thought that new jobs will be created by the investment, but that the current 1400 jobs will remain. It is also positive for the many smaller companies in the region which supply Fiat with various parts.
PKG Real Estate is currently offering two interconnected buildings for sale on the historic market square in Bielsko Biala. Please see the listing here: http://www.property-krakow.com/properties/show/id/497
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