European industrial real estate market leader Panattoni has launched work on its 21st park in Lower Silesia. The developer has started the construction of Panattoni Park Wrocław S8 South, which is to have an area of 18,000 sqm. The investment has already attracted its first tenant from the logistics sector, which will occupy more than 4,600 sqm. The facility is to be completed this year,... Read more »
Panattoni, Europe’s largest industrial developer, is entering a new market. The company has announced the opening of an office in Hungary, headed by László Kemenes. Read more »
Henkel reports a very good start to fiscal 2021 overall, achieving significant organic sales growth of +7.7 percent in the first quarter – despite the impacts of the global coronavirus crisis that continue to adversely affect the social and economic environment in numerous markets around the world. Group sales reached around 5 billion euros, an increase of +0.8 percent in nominal terms,... Read more »
Warsaw – European industrial market leader Panattoni has completed the construction of a BTS facility for Animex Foods, the largest food producer and exporter of meat in Poland. The modern building, with an area of 10,153 sqm, has been developed near Ostróda in the Warmian-Masurian province and meets extremely high standards in terms of food storage. Read more »
Leading European industrial developer Panattoni can now announce the largest lease in the CEP (courier, express and parcel) sector. The developer is to provide InPost with warehouses in eight locations with a total area of 75,500 sqm. The centres are to be built this year. Read more »
Wolfgang König (48), currently Category President Kellogg North America, will join the Henkel Management Board as Executive Vice President for the Beauty Care business effective June 1, 2021. He succeeds Jens-Martin Schwärzler (57) who will not be available for another term. He has been with Henkel for more than 28 years and has led Henkel Beauty Care since 2017. Read more »
Panattoni, Europe’s leading industrial developer, has launched the construction of Panattoni Park Zgorzelec, which will comprise approx. 70,000 sqm. This is the developer’s latest 3 PL investment near the Polish-German border. The first tenant has already been secured for the park – ID Logistics, which will occupy 44,500 sqm for its e-commerce operations. Panattoni has also... Read more »
Following the announcement on 18 June 2020 that Tesco has agreed the sale of its business in Poland to Salling Group A/S, Tesco is pleased to confirm that the Polish Competition Authority has approved the sale. Read more »
Panattoni, Europe’s leading industrial developer, is to provide space for the production of Paczkomat® parcel lockers for InPost and is also to construct an R&D centre for the company. The Paczkomat® factory is being built as part of the newly established City Logistics Kraków Airport park. It will take up 7,230 sqm and will be fitted with solar panels. Panattoni’s 12,500 sqm city park... Read more »
Panattoni, Europe’s leading industrial developer, is building another logistics centre in Western Pomerania - Panattoni Park Stargard. The development will comprise three warehouse buildings with a combined area of 172,000 sqm. The main advantage of the project will be its location just next to a transport corridor from Scandinavia to the north and a direct road to Berlin. The construction... Read more »
“Despite the sharp decline of the global economy as a result of the COVID-19 pandemic in 2020, we delivered an overall robust performance across all business units. For the full year, our results were at the upper end of our guidance. We achieved this thanks to our balanced portfolio, successful innovations, and financial strength as well as the outstanding commitment of our employees around... Read more »
Organic growth reached 3.6%, with real internal growth (RIG) of 3.2% and pricing of 0.4%. Growth was supported by strong momentum in the Americas, Purina PetCare and Nestlé Health Science. Read more »
Over recent years concerns about child obesity has been rising continuously. To respond to the rapidly evolving environment, Nestlé in February 2017 updated its Consumer Communications Principles and the Nestlé Policy on Marketing Communication to Children, to be implemented on a global scale as of January 2018. Read more »
The Coca-Cola Company took several strategic steps in 2020 – an unprecedented year defined by a global pandemic and other disruptive challenges – to position its brands, business and organization for sustainable growth, Chief Financial Officer John Murphy shared during the Morgan Stanley Global Consumer & Retail Conference. Read more »
The Ferrero Group shares its latest updates on its commitment for 100% of packaging to be reusable, recyclable or compostable by 2025. The latest updates include a raft of new activities and collaborations including Nutella joining forces with Loop and Carrefour in Paris, France for a new 10-store reuse pilot scheme, Ferrero becoming a member of the Ellen MacArthur Foundation - taking part in... Read more »
Nestlé has today joined the Exponential Roadmap Initiative, a coalition of organizations acting in line with the UN 1.5°C ambition on climate change. Members include technology innovators, scientists, companies and NGOs, all working to accelerate climate action. The Initiative is an official partner of the United Nations' 'Race To Zero' campaign. Read more »
Lineage Logistics Holdings, LLC (“Lineage” or the “Company”), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced it has acquired Pago Sp. z o.o. (“Pago”), a leading warehousing, distribution and transport logistics provider in Poland from its current ownership, including Tönnies International Holding... Read more »
Coming soon - the premiere of the advertising spot "TAKE THE CHALLENGE - SOUR MADNESS" - realized as part of the project under the title Export expansion of the ARGO company through participation in the promotion program of the Polish food specialties industry under sub-measure 3.3.3 SUPPORT FOR SMEs IN THE PROMOTION OF PRODUCT BRANDS - GO TO BRAND, UNDER THE INTELLIGENT DEVELOPMENT OPERATION... Read more »
Panattoni, the leading industrial developer in Europe, is to expand its warehousing assets near Warsaw. Already the developer has 176,000 sqm of industrial space at its disposal in the village of Janki and it has just announced the creation of more. The company has purchased a further 3.14 ha next to the S8 - one of the most important expressway roads in Poland (Wrocław – Białystok). Such a... Read more »
Panattoni, the European industrial real estate market leader, has started construction of a warehousing facility for a meat producer and exporter. The 10,153 sqm BTS (build-to-suit) facility is being built near Ostróda in Poland’s Warmian-Masurian province. Read more »
Panattoni, the European industrial space leader, is continuing to strengthen its position in Pomerania as the local infrastructure rapidly improves in the region and the e-commerce segment booms. One of Panattoni’s existing customers, Globalway – a supplier of (among others) toys, furniture, sports accessories and interior furnishings produced in China – has decided to lease the whole of... Read more »
Eurocash Group’s revenue in the first half of 2020 reached PLN 12.1 billion, up by 2% from the same period of 2019. In this year’s first six months, EBITDA reached PLN 337 million, compared to PLN 338 million in the previous year. Eurocash Group estimates that additional costs related to the COVID-19 pandemic reduced its results by approx. PLN 17 million. Eurocash Group’s net result in H1... Read more »
Organic growth reached 2.8%, with real internal growth (RIG) of 2.6% and pricing of 0.2%. Growth was supported by sustained momentum in the Americas, Purina PetCare and Nestlé Health Science. Divestitures and foreign exchange reduced sales by 12.3%. Total reported sales decreased by 9.5% to CHF 41.2 billion (6M-2019: CHF 45.5 billion). The underlying trading operating profit (UTOP) margin... Read more »
Panattoni, the market leader in industrial real estate in Europe, has released its results for H1 2020. Over the period, the developer signed leases for more than 1 mln sqm, which is more than twice the space leased in the same period of 2019. In the second quarter of 2020, its transaction volume was over 671,500 sqm, which was 57% higher than in the previous three months. Read more »
Jantar Ltd. has created the Jpartner program that is going to develop a sales network for self-service cash registers, as well as software dedicated to retail. Read more »
Tesco today announces the sale of its business in Poland to Salling Group A/S. The transaction, which is subject to antitrust approval, includes the sale of 301 stores together with the associated distribution centres and head office. Read more »
Panattoni, market leader in industrial real estate in Europe, has completed the construction of the 8,260-square-metre logistics centre for DSV Solutions in Skarbimierz. The BTS facility is dedicated to handling the logistics of two Mondelēz International production plants in the vicinity – a Chocolate factory and a Gum & Candy factory. The project was delivered at the Wałbrzych Special... Read more »
AmRest (EAT), a leading European multi-brand, foodservice and digital platform, today reported its financial results for the first quarter 2020. Read more »
Eurocash Group’s revenue in the first quarter of 2020 reached PLN 5.92 billion, up by 8% from the same period of 2019. Sales in the wholesale segment went up by 6% y/y and in the retail segment by 12% y/y. EBITDA exceeded PLN 126 million, 4% higher than last year. Costs related to the COVID-19 pandemic reduced the Group’s results by approx. PLN 10 million. Eurocash Group closed this... Read more »
Panattoni, market leader in industrial real estate in Europe, has allocated PLN 500,000 to buy medical supplies for three hospitals. Institutions in Poznań, Białystok and Szczecin were chosen in consultation with the Ministry of Health. As part of the aid, the developer will provide medical masks, nitrile gloves, non-contact thermometers and packs of medical caps. Read more »
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