Locked content WSE to make decision regarding Vienna merger this month

The Ministry of State Treasury will decide in September 2014 about the merger of the Warsaw Stock Exchange (WSE) and the CEE Stock Exchange Group, deputy State Treasury Minister Wojciech Kowalczyk told the Polish Press Agency (PAP). “The desire to merger with Vienna [the biggest stock exchange in th...

Locked content Polish Post prepares for bourse debut

State-owned postal operator Polish Post is preparing for future WSE listing and major investments, the company’s CEO Jerzy Józkowiak told the Polish Press Agency in an interview. “We have been doing analyses regarding the planned listing our shares for several months,” Józkowiak said. “We assume tha...

Locked content Procom System may be floated in 2016

Electrical contractor Elektrotim plans to list its subsidiary Procom System on the Warsaw Stock Exchange, but no earlier than 2016, the parent company’s CEO Andrzej Diakun told ISBnews. “The plan to float Procom System is still in the pipeline. We would however like the company to first increase its...

Locked content Agroliga eyes main market debut

Ukrainian agricultural company Agroliga plans to move to the main market of the Warsaw Stock Exchange when the situation in Ukraine becomes stable, the company’s CEO Alexandr Berdnyk told ISBnews. Agroliga has been listed on NewConnect since 2011. “We are waiting for the political situation in Ukrai...

Locked content Admiral Boats prospectus approved

The Polish Financial Supervision Authority (KNF) has approved the issue prospectus of motorboat producer Admiral Boats, the watchdog said on Thursday. The company plans to move listing from the NewConnect market to the main market of the Warsaw Stock Exchange. Invista Dom Maklerski is the broker of ...

Poland lists 22 state-controlled companies ‘not for sale’

Polish State Treasury Ministry listed 22 companies deemed strategic and not for sale. Firms include chemicals Grupa Azoty, oil giants Lotos and Orlen, utilities PGE and Tauron, lender PKO BP and insurer PZU among others. According to the Treasury these companies “are strategic for the economic secur...

Locked content Turnover on the WSE drops by 0.7% in July

The Warsaw Stock Exchange had a PLN 18.7 billion equity turnover in July, down by 0.7 percent year-on-year. In the first seven months of 2014, total equity turnover amounted to PLN 136 billion, a 9.7 drop y/y. The average daily session turnover amounted to PLN 654.9 million in July and PLN 836 milli...

Locked content WSE profit up in Q2

The Warsaw Stock Exchange recorded a consolidated net profit of PLN 20.3 million in the second quarter of 2014 compared to PLN 16.9 million a year earlier, the bourse said in a statement on Thursday. Analysts polled by the Polish Press Agency had expected the profit to be PLN 21 million. The WSE’s o...

Locked content ZM Mysław eyes main market debut

Meat processing firm ZM Mysław, which debuted on the NewConnect market on Wednesday, is planning to move to the main market of the Warsaw Stock Exchange, the company’s CEO Teresa Jochemczyk was quoted as saying by the Polish Press Agency. “We have launched preparations for a move to the main market ...

New WSE CEO wants quick decisions on Vienna merger

Paweł Tamborski, who was appointed on Friday as Warsaw Stock Exchange new CEO told reporters that the potential merger with Vienna bourse is one of his priorities. “I would like decisions on the matter to be taken possibly soon,” he stated.