More IPOs in 2017 - WSE CEO

Małgorzata Zaleska, CEO of the Warsaw Stock Exchange, said in an interview with the Polish Press Agency that there will be more IPOs this year than in previous years. "I am convinced that next year will be better in terms of debuts than this year. We are working hard on it," she said. Revealing that this year, the WSE has held talks with some 100 companies that were mulling over an IPO on the Warsaw bourse. "A part of them have already declared the willingness to float. These are, among others, IT firms and also municipal firms owned by local governments," she said. The WSE hopes to attract foreign companies including those from Belarus and China where, the WSE along with Haitong Bank will organize a road show aiming at attracting local companies. So far in 2016, there have been 18 IPOs on the Warsaw bourse, including seven that moved from the alternative small-cap market NewConnect, to the main one.