ORLEN Group said it has discovered a new gas field in Poznań was discovered at a depth of approximately 1.86 miles (3 kilometers) as part of a joint project of ORLEN S.A with exploration drilling executed by Exalo Drilling the field’s reserves were estimated to be more than 8.3 billion cubic feet (235 million cubic meters) of natural gas ORLEN said in a news release that production from the new find will be “facilitated by the extensive extraction infrastructure in the region.” The company stated that it currently operates three gas fields in Jarocin county and plans to explore additional prospects in the area The Siedlemin field is located in an area with promising prospects for hydrocarbon production as confirmed by the results of previous exploration work and other gas discoveries in the region we are maximizing gas production in Poland to harness every available opportunity The discovery of the Siedlemin field near Jarocin underscores the strong position of the Province of Poznań on Poland’s energy map It is in this province that ORLEN produces the largest volumes of natural gas domestically,” Wiesław Prugar member of the ORLEN Management Board for Upstream “The exploration and discovery of new fields are integral to our strategy where gas plays a crucial role in supporting the energy transition by balancing the system that increasingly relies on renewable energy sources ORLEN’s production activities also bring tangible financial benefits to local communities,” Prugar added ORLEN’s natural gas production reached 7.1 billion cubic meters accounting for 4 percent of Poland’s total demand 3.4 billion cubic meters were extracted in Poland with nearly 1.7 billion cubic meters coming from Poznań The company’s strategy through 2035 provides for an increase in total natural gas production from domestic and foreign fields to 12 billion cubic meters by 2030 including 4 billion cubic meters from fields in Poland Poland’s First Offshore Wind Farm Begins Construction ORLEN and Northland Power have started construction of Poland’s first offshore wind farm With a total capacity of 1.2 gigawatts (GW) the Baltic Power wind farm is set to begin operation in 2026 delivering electricity capable of powering over 1.5 million households Offshore wind is a key element of ORLEN's new strategy which targets the deployment of more than 4 GW of installed capacity in the Baltic Sea in partnership with industry players The company has committed to developing three additional offshore wind farms “Our new strategy is about action and delivering tangible progress as demonstrated by Poland’s first offshore wind farm we are proud to confirm that the first foundations for the Baltic Power project have been installed 2025 will be a milestone year for this development as hundreds of our employees undertake the largest offshore installation campaign in Poland’s history,” ORLEN CEO Ireneusz Fąfara said energy from the Baltic Sea will be flowing to consumers for the first time and secure power that will drive Poland’s economy forward It also creates opportunities for Polish businesses to grow alongside our project This is the energy of tomorrow – starting today,” Fąfara added Baltic Power will be Poland’s first operational offshore wind farm in the Baltic Sea delivering approximately 4,000 gigawatt-hours of zero-emission electricity annually and resulting in carbon dioxide emissions reduction of around 2.8 million metric tons per year During SLAYER's appearance Saturday night (July 9) at the Jarocin Festiwal in Jarocin the members of the band were presented with gold-record plaques for Polish sales of their latest album having shifted 50,000 equivalent album units in the week ending September 17 The Billboard 200 chart ranks the most popular albums of the week based on multi-metric consumption track equivalent albums (TEA) and streaming equivalent albums (SEA) marking SLAYER's highest-charting album yet "Repentless" now holds the record as the band's career-highest chart debut in Germany (No 11) and on the Japanese International Chart (No the album debuted in the Top 10 in France (No The follow-up to 2009's critically acclaimed The artwork was created by Brazilian artist Marcelo Vasco in collaboration with the band's Tom Araya and Kerry King SLAYER will join forces with special guests ANTHRAX and DEATH ANGEL this fall for a seven-week North American beat down The dates start in Cleveland on September 9 and will hit both major and secondary markets across the continent Gold record plaques were presented to the guys tonight here at the Jarocin Festival in Poland ! Thank you @nuclearblasteurope and thank you, Poland ! #repentlesstour2016 #SLAYER #nuclearblastrecords #nuclearblasteurope A photo posted by Slayer (@slayerbandofficial) on Jul 9 This website is using a security service to protect itself from online attacks The action you just performed triggered the security solution There are several actions that could trigger this block including submitting a certain word or phrase You can email the site owner to let them know you were blocked Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page Won't make it to Pol'and'Rock and the Jarocin festivals All you need to do is head over to Ławica Airport from 22 and 24 August and even the international star Royal Republic all performing at the Poznań edition of Rockowizna Festival 2024 The Rockowizna Festival keeps getting better Its awesome vibe appeals to rock fans of all ages from those who remember the first cult Jarocin festivals to those born long after the first Przystanek Woodstock While rock has often been called a genre past its prime the thousands of fans rocking out at Ławica can't all be wrong The turnout has been impressive both last year and the year before "The Rockowizna Festival is designed to cater to a diverse audience Our line-up is carefully curated to bring generations together The bands we invite showcase a diverse range of rock," says Katarzyna Dudek the Rockowizna Festival will span three cities they're making a comeback after five years Led by the charismatic Piotr Rogucki and known for hits like "Spadam" and "Los the band has promised to play a few concerts this year if voter turnout in last year's parliamentary elections exceeded 62% The impressive line-up for Poznań's Rockowizna 2024 includes Kult a legendary Polish rock band founded 42 years ago by Kazik Staszewski With dozens of albums and countless concerts under their belt their ever-growing fan base shows they're as genuine as ever Also promising is the Swedish band Royal Republic known internationally for their blend of garage rock and pop-punk especially their hit "Tommy-Gun" sung along by audiences at concerts who stormed onto the Polish music scene with his pop-rock hits and has consistently for years maintained a strong presence both on stage and in studios The festival will also feature Nocny Kochanek and Łydka Grubasa Nocny Kochanek's debut album "Hewi Metal" (2015) became an overnight sensation in Poland for its ironic twist on heavy metal has been delivering witty punk rock tunes like "Rapapara" and "Gender" a Polish-Ukrainian band known for their diverse melodic hits and folk (Lemko will bring more emotional and lyrical style highlighted by Igor Herbut's unique vocals expect some heavy thrash metal with symphonic elements from Hunter a band who will likely perform tracks from their standout albums a young duo captivating listeners with their unique blend of rock showcased in their successful albums "Koło" (2019) and "Passé" (2023) Polish punk rock fans can look forward to Farben Lehre a mischief-maker known from the band Kabanos now a solo artist delivering a solid dose of metal punk rock with a humorous twist A festival town complete with a tent/camping site and a large food zone will be set up on Rockowizna festival grounds Attendees will get a chance to enjoy music around the clock for three days Katarzyna Dudek wants it to become a cult event "That's why we enhance our line-ups and develop festival infrastructure with each edition We aim to get closer to this goal," she says And if their current growth is any indication CA Immo exits non-core market Serbia with the sale of the 19,600 sqm office building Sava Business Center in Belgrade Both the sales price and the buyer are subject to confidentiality As the PBSA sector finally takes off in Poland it is now increasingly attracting international operators and investors Eurobuild CEE spoke to Xior's investment manager about why it has such confidence in the Polish market Residential developer Develia has signed a preliminary agreement to acquire all the shares in Bouygues Immobilier Polska the Polish subsidiary of Bouygues Immobilier ESA logistika has leased 15,000 sqm in Prologis Park Piotrków GLP has completed the development of its Wrocław V Logistics Centre and has received a BREEAM rating of Outstanding Panattoni has secured EUR 40 mln in financing from BNP Paribas for the development of Panattoni Park Sosnowiec IV Newgate Investment (NGI) and Redkom Development are developing a large retail park in Bydgoszcz Deutsche Hypo – NORD/LB Real Estate Finance has provided a five-year green loan to Olivia Seven for the refinancing of the Olivia Prime A office building in Gdańsk-Oliwa communications and security company Motorola Solutions has signed a five-year lease renewal 18,000 sqm at the Green Office complex in Kraków’s Podgórze district Falling interest rates and easing monetary policy across the eurozone and CEEi are boosting investor confidence in the region’s commercial real estate market reveals Colliers in its ‘Beyond Real Estate | Economy’ report Panattoni is to build the Panattoni Park Mainz Süd in Erbes-Büdesheim bei Alzey Axi Immo has presented its latest report “Warsaw Office Market – Q1 2025 The market opened in 2025 on a steady footing with a notable increase in leasing activity and a modest decline in vacancy landlords continue to focus on upgrading existing assets and prioritizing quality over quantity Convenience store chain Żabka has officially opened a new logistics centre in Kąty Wrocławskie The first stage of the development will serve 1,500 stores in the Wrocław area Romanian Post has leased over 5,000 sqm of logistics space in CTPark Bucharest to serve as its temporary regional courier and logistics hub for Bucharest JLL has announced the sale and leaseback of two properties by a manufacturing company in a deal worth over PLN 1 bln Warehouse developer CTP is adding 2,000 sqm to its Clubco coworking development in Brno pbb Deutsche Pfandbriefbank has extended an investment facility to PineBridge Benson Elliot for the Diuna Office Park in Warsaw The hotel market in Bucharest continued its recovery in 2024 while the ADR has finally surpassed the milestone of EUR 100 Torus has announced its All.inn students’ residence concept that is soon to appear on ul BIG Poland has acquired the Multishop Suwałki retail park comprising 13,000 sqm of retail space The company now owns nine fully commercialized retail parks in Poland Slate Asset Management has sold three OBI retail stores to the Lindner Group from Germany Cushman & Wakefield has conducted a survey the findings of which are presented in the report From Shopping to Experiences: A Customer’s View on Shopping Centres and Retail Parks Cushman & Wakefield notes that despite evolving shopping trends both retail formats continue to hold strong appeal Multi Poland has taken on the management of the Galeria Przymorze shopping centre in Gdańsk The store offers lifestyle and sporting clothing and is to open this spring According to the "Quo Vadis E-commerce" report released by Cushman & Wakefield the online commerce continues to be a growth driver for the industrial & logistics real estate sector generating significant opportunities for developers and investors the investor behind the Projekt Góraszka shopping and entertainment complex in Wiązowna on Warsaw’s eastern outskirts has obtained a building permit for a mixed-use development Poznan-based company Scallier is opening another facility under the Funshop Park brand in Romania According to the latest report “At a Glance: Modern Retail Market in Poland Q4 2024” from BNP Paribas Real Estate Poland Poland’s retail market experienced record growth in 2024 Cushman &Wakefield has summarised the situation on the Polish retail market Over half a mln sqm of new retail space came on stream last year marking the highest new supply level in Poland since 2015 This robust development activity occurred amid rising demand from new retailers and improving consumer sentiment which boosted retail sales A new retail park with a total area of 24,000 sqm is set to be developed in Otwock under the name Świderek The investment will be led by Redkom Development Empik has opened a flagship store in the revitalised former Cepelia pavilion in the centre of Warsaw the modernist building has regained its former glory and once again impresses with its original appearance and modern interior Trei Real Estate Poland has opened its 40th Vendo Park The investment was created in Wrocław and has 5,000 sqm Vendo Park Wrocław is the first facility under this banner in the capital of Lower Silesia The retail park was built on a plot of approx An 800 sqm Biedronka grocery store is to open on the ground floor of the Moje Bielany residential complex which is being developed by CeMat A/S at ul Wólczyńska 121 in Warsaw’s Bielany district Spring has very much 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The Polish warehouse market has finally stabilised after the post-pandemic boom but new challenges and opportunities are on the horizon for the sector UBM Development has been given the go-ahead for the first wooden office building in Poland: Timber Park in Poleczki Business Park in Warsaw The office market in Warsaw is currently experiencing a period of stability in terms of supply and take-up Recent data on overall tenant activity indicates that clients in the cap .. Receive all the latest information from the world of real estate by e-mail the construction of the Aura residential building designed by Robert Konieczny's office KWK Promes According to a report by research company Spectis “Construction companies in Poland 2025-2030” the total revenues of the 300 leading construction gro .. The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals intends to focus on operations in other reg .. Six class A office buildings in the PRO Portfolio which is jointly owned by PineBridge Benson Elliot and Sharow Capital have been granted BREEAM In-U .. Who won this year's 14th edition of the Eurobuild Awards The jury and guests gathered at the Double Tree by Hilton hotel in Warsaw chose this year's .. Enjoy the last set of recordings with comments straight from this year's MIPIM we asked experts from our home country for their input will take place on 9-10 April 2025 at the Norblin Factory Event Hall in W .. we invite you to hot episode of the "Eye to eye" podcast The UN Nansen Refugee Award award will go to Poland for the first time According to the office of the UNHCR High Commissioner this year's regional wi .. Czech developer CTP has been granted a EUR 200 mln loan from the European Investment Bank for the roll-out of its large-scale solar panel installation .. while the ADR has finally surpassed the milestone .. Jarosław Szanajca plans to resign from the position of president of the management board of Dom Development at the end of the year and join the superv .. The Polish and Danish governments have entered preliminary discussions for the construction of a tunnel between Szczecin and Copenhagen underneath the .. Viterra has moved into its ​​new 1,500 sqm offices in Olivia Prime part of the Olivia Centre business complex in Gdańsk Panattoni has acquired two properties near Gothenburg The brownfield sites will be replaced by a modern 43,000 sqm facility Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures Colliers has taken over the management of the Studio B office building located in the Warsaw Wola district The property is owned by Stena Real Estate .. The University of Warsaw has signed a contract with the general contractor for a project at ul The new building will house the faculti .. Velis Real Estate Tech is officially changing its name to Singu adopting the title of its property management product the construction of the Panattoni Park Unterfranken has officially started The newly discovered deposit is located in an area with great prospects for hydrocarbon extraction ORLEN plans to continue exploration in this region where it already has developed infrastructure Extractive companies are required to pay an operational fee emphasized in an official statement that the discovery of the Siedlemin deposit near Jarocin strengthens the position of Greater Poland on the country's energy map "It is in this province that ORLEN extracts the most natural gas in the country Exploration and discoveries of new deposits are part of our strategy where gas plays a key role in supporting the energy transformation by balancing a system increasingly based on Renewable Energy Sources," Prugar added ❗️Odkryliśmy nowe złoże gazu w Wielkopolsce. Po przeprowadzeniu testów produkcyjnych, oszacowaliśmy jego zasoby na ponad 235 mln m sześciennych. Już teraz zapowiadamy kolejne poszukiwania złóż gazu, który pełni rolę paliwa przejściowego w naszej transformacji energetycznej ? pic.twitter.com/6U1MUXkqXZ ORLEN extracted 7.1 billion cubic meters of natural gas the company plans to increase extraction in Poland to 4 billion cubic meters The company plans to continue its search for deposits in the Siedlemin area which has promising prospects for hydrocarbon extraction confirmed by previous discoveries of natural gas deposits