What is the main business of City Development Group?

The main business activity of City Development Group focuses on management of real estate on a fee or contract basis.

When was the company founded?

The company was registered in the Polish National Court Register (KRS) on October 26, 2023.

Where is the headquarters located?

The headquarters is located at: Al. Mjr. Wacława Kopisto 8B, 35-315 Rzeszów.

What is the share capital?

The share capital of the company is PLN 60,000 (approx. $16,207).

What period do the latest financial data cover?

The latest available financial statement covers the period from January 1, 2025 to December 31, 2025.

What revenue was generated?

The company reported a revenue of $5,798,598 in 2025, which is an increase of 39.4% compared to 2024.

Is the company profitable?

No, in 2025 the company was not profitable, reporting a net loss of $195,877. For comparison, in 2024 the loss was $158,826, meaning the company increased its loss by 23.0%.

Which cost dominates operating expenses?

The largest operating cost category falls under other operating costs. This category amounted to $5,880,849 in 2025, representing 98% of all operating expenses.

City Development Groupsp. z o.o.

Management of real estate on a fee or contract basis

KRS: NIP: REGON:

Overview

Status

Active

Registry date

2023-10-26

Share capital

60,000.00 PLN

Activity description

City Development Group develops residential and commercial projects in Rzeszów. Its projects include apartments at Karolina Park II and Hetmańska City Park, as well as the Wallis Park estate of single-family homes.

Registered address

al. Mjr. Wacława Kopisto 8B/501, 35-315 Rzeszów, Poland

Website

citydevelopment.pl

Opening hours

Monday–Friday: 9:00–17:00

Phone

Social media

Financials

Revenue history (in k)

Filing timeliness

1 of 2 financial statements was filed late (for 2025, 6 days late).

202521/07/2026
202415/07/2025

Filed on timeDelayFiling deadline

Data and insights are generated automatically from financial statements – they may contain errors and are neither a credit assessment nor business advice.

Statistics

How the company ranks by revenue within its industry, region and across Poland in 2025.

Results vs industry

Revenue

This companyUSD 5.80mMedianUSD 221.10kAverageUSD 1.71m

Net profit

This companyUSD -195.88kMedianUSD 5.27kAverageUSD 47.07k

Operating costs

This companyUSD 5.99mMedianUSD 199.80kAverageUSD 1.59m

Assets

This companyUSD 12.41mMedianUSD 217.14kAverageUSD 3.13m

Industry

Offer

Apartments
Commercial premises
Residential developments

Website technology

Website

WordPress

Analytics and marketing

Google Tag Manager

Authorized Representatives

Jurij Fedorenko – President of the Management Board

Manner of representation

Making declarations on behalf of the company requires the joint action of all members of the management board.

Ownership

Owner	Shares	Share value	Stake
Jurij Fedorenkoage 43	20	$5,402.49	33.3333%
Marta Elżbieta Gerstnerage 47	20	$5,402.49	33.3333%
Olha Kostykage 60	20	$5,402.49	33.3333%

Beneficial owners

Person	Rights

Bank accounts

Registered as a VAT taxpayer on 2023-11-03.

Bank spółdzielczy
64 9430 0006 6001 2047 2000 0001
Bank spółdzielczy
53 9430 0006 6001 2047 2000 0005
Erste Bank Polska
89 1090 2590 0000 0001 5588 8744

Debt

No entries in the National Debtors Register (KRZ).

Public aid

No public aid cases recorded in the last 10 years.

Competitors

Name	Revenue	Website
Real Development Groupsp. z o.o. + limited partnership	$14,927,990.46	realdevelopment.pl
PC Invest Groupsp. z o.o.	$8,617,614.32	pcinvest.pl
Hegra Dewelopersp. z o.o.	$8,083,684.87	hegra-deweloper.pl
Dynamic Developmentsp. z o.o.	$7,987,746.28	dynamicdevelopment.pl
Dzielnica Parkowa 2sp. z o.o.	$7,353,944.83	dzielnicaparkowa.pl
Wlinwestsp. z o.o.	$5,891,609.97	wlinwest.pl
Berg Inwestycjesp. z o.o.	$4,483,850.92	berginwestycje.pl
Inwestgrupa Ig4sp. z o.o.	$4,483,703.37	inwestgrupa.pl
Symfonia Onesp. z o.o.	$2,975,247.17	twojem.pl
RM Investmentssp. z o.o.	$2,629,151.40	rm-investments.com

FAQ

Last updated: 2026-07-21