International investment increases; Bayerische leads with zl. 2.5 billion

In January and February alone, international companies took over five Polish companies. The investment over this period is estimated at zl. 3 billion. The largest international investor on the WSE is Bayerische Hypo-Vereinsbank which purchased a 47% stake in Bank Przemyslowo-Handlowy (BPH) for zl. 2.5 billion. Kalon is the second largest investor with a zl. 300 million purchase of 66.5% stake in Polifarb Cieszyn-Wroclaw (Polifarb C-W). In March, international investments are going to get a boost due to the planned purchases of Huta Ferrum by Cyprus-based Vhector, Pierwszy Polsko-Amerykanski Bank (PPABank) by Generale Bank and Izolacja Zdunska Wola by Icopal which is going to be the second largest investment if Icopal pays the estimated zl. 350 million for the Polish company. (Prawo i Gospodarka, page 11)