In 2020 Cordia acquired a majority stake in Polnord S.A., a Polish development company. In April 2020, Michał Melaniuk has been entrusted with the function of the President of the Management Board at Polnord. In July 2020 r. he has also been appointed President of the Polish-Hungarian Chamber of Commerce, with Cordia being a founder member. Prior to joining Cordia Poland, Michał Melaniuk worked for Skanska Group for almost 4 years. First as vice-president, and then the president of Skanska Residential Development Poland he was responsible for introducing the company to the Polish market, its further development as well as the coordination of the first residential projects. From 2007 to 2011 Melaniuk worked as the commercial director at GTC S.A., a company that is one of the major developers in CEE and SEE regions. He started his professional career in 1998 in the structures of the Golub-Europe investment and development company, presently Avestus Real Estate. He was the commercial director in the company until 2007. Michał Melaniuk is a graduate of the Faculty of Management at the University of Warsaw.