WSE-listed companies with PLN 37.9 mln debt - raport

As many as 57 domestic companies listed on the Warsaw Stock Exchange have debts listed in the National Debt Register (KRD) of the Economic Information Bureau worth PLN 38 million, the KRD said. “The current indebtedness of listed companies is the highest in the almost three-year history of the study,” said KRD President Adam Łącki. He added that this was largely due to the increased problems of companies in the construction industry. According to the study out of 427 listed domestic companies, 57 of them are listed as debtors whose unpaid obligations amount to PLN 37.88 million. This amount consists of 1,108 liabilities to 198 creditors. Since the last study, 6 months ago, the number of indebted companies dropped by 5, but the debt increased by some PLN 9 million, according to KRD. The first place in terms of the amount of debt is occupied by a company specializing in the sale of electrical materials that owes approximately PLN 7.5 million. The sector leader, on the other hand, is the construction industry, which has 17 representatives in the register (previously 13) with a debt of PLN 16 million. (previously PLN 9.4 million). The market value of 20 indebted companies does not exceed PLN 10 million. The capitalization of 17 enterprises ranges from PLN 10-100 million, and 12 from PLN 100 million to billion. There are also 8 companies with a valuation above PLN 1 billion.