ZA Tarnów to debut in 2009

Treasury Minister Aleksander Grad announced that state-owned nitrogen plant ZA Tarnów would present its issue prospectus on Monday, May 26 and that this would be one of two large IPOs to be carried out in the next few months.

"The debut of the firm should take place in early 2009, most likely in February," said the minister.

WSE president Ludwik Sobolewski noted that heavy chemical companies are attractive investments because they are relatively secure.