Modern investments built on partnership
Horizontal Estates is a joint venture between Firmus Group and NDI Development, combining international financial expertise with proven development capabilities.
The company was established to manage and develop the Two Waters land bank – one of the largest private coastal land holdings on Poland’s Baltic coast.
Under a B2B model, we prepare land for large-scale hospitality, residential, sports, wellness, and senior living projects. We believe that long-term value is created through responsible capital allocation, disciplined process management, partnerships built on trust, and development aligned with ESG principles.
Our shareholders

Property developer and investor with over 20 years on Poland’s central coast. Known for DUNE Resort and Molo Park in Mielno. Brings deep local market knowledge and a strategic land bank – one of the largest in the Pomerania region.

Part of NDI Group, a general contractor and developer with over 30 years of experience delivering key infrastructure and building projects across Poland. Provides stable execution resources and high standards of investment process management.
Management structure and operational competencies
Supervisory Board
The Supervisory Board combines Norwegian investment experience of Firmus Group with the development practice of NDI Development represented by Jarosław Bator. The Board supports the company’s strategic direction, focusing on sustainable growth and investment stability.

Jarosław Bator

Marius Steen

Tormod Stene-Johansen
Management team
Our management team brings expertise in project delivery, financial analysis, architecture, and legal aspects of real estate investment. We have delivered projects from concept to completion across residential and commercial sectors.

Cezary Kulesza
Board Member

Karolina Lisowska
Project Manager

Michał Wesołowski
Project Manager

Krzysztof Granatowicz
Creative Director
Support teams
Finance & Accounting
Administration
Legal& Compliance
PR & Marketing
Dedicated support departments ensure a stable operational and governance framework, covering finance, administration, legal, business development, and corporate communications & marketing.
© Horizontal Estates Sp. z o.o.
Polityka prywatności
