20:21 13 May 2019
WSE: PPK to be an important element of capital market development
“As the Warsaw Stock Exchange, we hope that Employee Capital Plans (PPK) will be an important element of the development of the capital market in our country,” the Vice-President of the Warsaw Stock Exchange Izabela Olszewska, said.
She emphasized that the capital market is very important for the Polish economy because it can finance innovations or support small and medium-sized enterprises.
On January 1, 2019, the Act on Employee Capital Plans entered into force. It introduces a voluntary and universal long-term savings system. Large companies, employing 250 people or more, have to enter the system by July 1, 2019.
(PAP)
