WSE suspends Krezus trading

The Warsaw Stock Exchange suspended the trading of metals firm Krezus following a motion from the Financial Supervision Authority KNF. The watchdog filed such motion after Krezus did not immediately inform that its main shareholder Taleja sold 20 percent of its stake, reducing it to 31 percent. The sale occurred between April 24 and June 13, while the company released such information only on August 4. Krezus focuses on trading in scrap metal and non-ferrous metals and on investments in renewable energy.