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2019-02-15  10:28
CIJEurope.com
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Company News

Alza opening call center in Třinec

Alza.cz will be opening a new call center in the town of Třinec which will create dozens of new jobs. The investment is part of the company's expansion plans which it says will require improved customer care. It chose the town, which is located southeast of Ostrava, because of its access to available labor as well as its proximity to three national borders. Alza currently employs...
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2019-02-15  10:26
CIJEurope.com
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Research

Hungary reports growth in foreign tourists...

The Hungarian tourism sector had a banner 2018, attracting around 650,000 more foreign tourists than the previous year. Domestic tourism totaled 6.5 million, up by 5 percent from 2017. The number of nights tourists spent in commercial accommodations grew by 1 million y-o-y to almost 31 million, according to the Hungarian Tourism Agency. Most tourists were from the US, Romania and the ...
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2019-02-15  10:25
CIJEurope.com
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Economy

Industrial output in Hungary up 3.6% in 2018

Hungary’s industrial output increased by 3.6 percent y-o-y in 2018, driven by the automotive sector, which was up 9.9 percent in December, according to data released by the Central Statistical Office (KSH). The computer, electronics and optical equipment segment was up 17.9 percent, while output for food, beverages and tobacco increased by 3 percent y-o-y in December. Industrial sales...
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2019-02-15  10:22
CIJEurope.com
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Politics

Government could sell off 33 Prague buildings

The coalition government is making plans to sell off 33 of its administrative buildings around Prague, including those that house the Ministries of Regional Development, Finance, Environment and the main customs building. The main registry of office building lists 352 buildings in Prague that are used by state institutions and they consumer CZK 1.3bn annually to operate and maintain. ...
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2019-02-15  09:56
CIJ Romania
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Company News

CTP Romania’s class A industrial portfolio...

CTP’s Romanian portfolio hit 1 million sqm of class A industrial space in 2018. The developer operates 15 logistics and industrial parks throughout Bucharest and nine other cities across the country. CTP delivered more than 300,000 sqm of high-quality logistics space in 2018. Its assets include CTPark Bucharest West, which is the largest master-planned industrial park in Romania as we...
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2019-02-15  09:46
CIJEurope.com
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Economy

Czech banks overcharging for early mortgage...

Czechs have been paying more for mortgages in recent months as interest rates rise to more normal levels. But the consumer will now get a break when it comes to paying off mortgages early. A new measure being prepared by the Czech National Bank would limit the charges banks would be able to inflict on their clients who decide to get out of debt earlier than they'd agreed. The CNB...
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2019-02-15  09:42
CIJEurope.com
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Company News

Ten Square Games leases 1,800 sqm at City...

Ten Square Games has leased 1,800 sqm of office space at City Forum in Wrocław. Cresa represented the mobile game developer during the lease process. The office complex, developed by Archicom S.A., is situated at the junction of Traugutta and Pułaskiego streets, close to Rynek. The LEED Gold scheme features a 2,000 sqm food-and-beverage area and chill-out zone. “The mobile game sector...
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2019-02-15  09:40
CIJEurope.com
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Company News

Echo Investment starts selling apartments at...

Echo Investment has started selling units at its Malthouse apartment scheme, which is part of the Browary Warszawskie mixed-use complex, in Warsaw’s Wola district. Construction is scheduled to begin in March. The project will offer 76 apartments, ranging in size from one-room studios to large penthouse suites. Once completed, the Browary Warszawskie complex will include four office bu...
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2019-02-14  12:58
CIJ Serbia
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Politics

Macedonia officially re-named North Macedonia

Athens and Skopje have sent a joint letter to UN Secretary General Antonio Guterres announcing that the Prespa Agreement has come into force under which both parties agree that the new name for the country of which Skopje is the capital is North Macedonia. It had called itself the Republic of Macedonia since the 1990's. The name issue had been the subject of a long and bitter dis...
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2019-02-14  11:52
CIJ Serbia
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Research

Demand remains strong on Hungarian resi market

Hungary’s residential market started off 2019 strong, with prices continuing to rise and the number of transactions on par with 2017 levels. Housing in some of Budapest’s downtown districts are set to hit HUF 800,000 per sqm in the coming months, according to Duna House Barometer. The average price for a unit in one of the capital’s prefab housing blocks increased by HUF 5m y-o-y in J...
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