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Poland - Factors to Watch on Aug 27
August 27, 2013 / 5:53 AM / 4 years ago

Poland - Factors to Watch on Aug 27

Here are news stories, press reports and events to watch which
may affect Poland's financial markets on Tuesday. ALL TIMES GMT
(Poland: GMT + 2 hours):
    Eastern Europe's No.1 insurer reported a 6-percent drop in
second-quarter net earnings on Tuesday because of weak
investment results, although the drop was smaller than expected.
    The state-controlled group said it would pay out an interim
dividend of 1.73 billion zlotys ($547.4 million) this year,
netting the government over 600 million zlotys as it tries to
plug a gap in the state budget. 
    Eastern Europe's top software maker reported a
less-than-expected 3.4 percent dip in second-quarter earnings.
    The state-controlled utility said it booked a 35-percent dip
in its second-quarter net profit to 144 million zlotys, hit by
lower sales and falling electricity prices.
    Poland will buy out its last T-bills by the end of August
and does not expect any major outflows of foreign investors from
the local bond market, Deputy Finance Minister Wojciech
Kowalczyk told daily Puls Biznesu.
    Polish gas monopoly PGNiG may look for partners to
co-finance drilling at its local shale-gas concessions, daily
Dziennik Gazeta Prawna reported.
    Poland's top sugar producer, the state-controlled KSC, is
again up for privatisation, but will not be sold via the Warsaw
bourse, daily Rzeczpospolita said.
    For other related news, double click on:
 Polish equities           E.Europe equities     
 Polish money              Polish debt           
 Eastern Europe             All emerging markets  
 Hot stocks                 Stock markets         
 Market debt news           Forex news            
 For real-time index quotes, double click on:
 Warsaw WIG20  Budapest BUX  Prague PX

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