Torpol to debut on WSE on Tuesday

Railway infrastructure construction company Torpol will debut on the main market of the Warsaw Stock Exchange on Tuesday, the bourse said in a statement. The firm has carried out an IPO worth PLN 183.76 million. Torpol was a subsidiary of troubled construction group Polimex-Mostostal, which sold its whole stake in the firm in the IPO. Data from the Office of Competition and Consumer Protection show that a majority stake was most likely purchased by state-owned investment fund TF Silesia.