Raiffeisen International may float shares on WSE

"If we go public and have a listing other than in Vienna, Warsaw will be the place to go," said Herbert Stepic, deputy chairman of Raiffeisen Zentralbank Oesterreich yesterday. About 30% of shares will be up for sale, but it is difficult to ascertain just how much of the stake will fall into the hands of domestic investors. The public offering plan is very similar to last year's decision by BA CA to list its shares first in Vienna and then on the WSE. That offering was seen as something of a success story, as BA CA's share price rose by 40% over a period of one year. Raiffeisen hopes to raise EUR 1 billion from its IPO. (Puls Biznesu, p. 9, Parkiet, p. 5) J.J.