In Brief: WSE & Euronext; Netia rescue plan; Stoen's new president
The Warsaw Stock Exchange (WSE) will today sign a partnership deal with
Euronext, the joint Amsterdam, Brussels and Paris stock market. The
agreement will give Polish companies, investors and brokers access to the
Euronext market. WSE president Wieslaw Rozlucki said that talks with other
European stock markets regarding possible alliances could also be held.
(Puls Biznesu, pp. 32, 33) ... Telia of Sweden and Warburg Pincus, the main
shareholders in Netia, have agreed on a rescue plan for the independent
telecoms operator. The plan will not require any additional funding from
Telia. (Prawo i Gospodarka, p. 1) ... The new president of Warsaw energy
supplier Stoen may be chosen next week. Of 12 possible candidates for the
post, the front runner is believed to be Pawel Zielinski, who has links with
the governing Democratic Left Alliance (SLD). (Puls Biznesu, p. 7) P.J.