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For Warimpex, the first half of 2023 was characterised by a further improvement in revenues and EBITDA and the progression of the construction activities in Krakow as planned. While a recovery is evident in the Hotels segment, interest rates remain high, property valuations are subject to high volatility, and the Russian rouble is being impacted by currency fluctuations. The currency has depreciated compared with the first half of 2022. Nevertheless, the Warimpex Group is reporting a slight profit of EUR 0.2 million.
In every newsletter we highlight a person or institution related to Warimpex, or one of its topics, by asking relevant questions. This time Dr. Josef Baumüller, lecturer at TU Wien (Vienna University of Technology) and WU Wien (Vienna University of Economics and Business), and an expert on sustainability reporting, is talking about the EU taxonomy, its necessity, implementation and whether or not it is a good tool to avoid greenwashing in companies.