Foreign investors dominate share ownership on the WSE

Foreign investors dominate share ownership on the WSEAccording to the ranking of daily Parkiet, over half of the shares listed on the Warsaw bourse are owned by foreign investors. About 20% are held by domestic investors, while the remainder are the so-called free float. The largest investor on the Warsaw Stock Exchange (WSE) is still UniCredito Italiano, holding shares in bank Pekao SA, to the tune of almost zł. 10 billion. The Treasury currently holds securities worth zł. 6.2 billion, while shares belonging to the nation's wealthiest man, Jan Kulczyk, are evaluated at zł. 3.9 billion. He is followed by pension fund Commercial Union with shares worth over zł. 800 million. The second largest private investor on the WSE is Michał Sołowow and Ryszard Krauze both controlling securities worth zł. 700 million. They are followed by Zbigniew Drzymała holding about zł. 290 million and Zyta and Andrzej Olszewski with assets worth zł. 250 million. (Parkiet, pp. 1, 12-15) M.M. This Week in Warsaw Business Journal FX Energy: Unexpected turnaround Euro-denominated IPO Private health insurance ready to go Orlen-MOL: Consolidation underway Nikon eyes Polish happy snappers Politics: The Good News IT integrator revamps operations