WSE to make decision regarding Vienna merger this month

The Ministry of State Treasury will decide in September 2014 about the merger of the Warsaw Stock Exchange (WSE) and the CEE Stock Exchange Group, deputy State Treasury Minister Wojciech Kowalczyk told the Polish Press Agency (PAP). “The desire to merger with Vienna [the biggest stock exchange in the group] is seen purely on business grounds. We shall see whether it is profitable from the economic point of view and will contribute to Warsaw’s stock market,” added Kowalczyk. Before the final decision, several factors are yet to be analyzed. CEE Stock Exchange Group encompasses stock exchanges in Vienna, Prague, Budapest and Ljubljana.