Final bids for BZ WBK made (Fri, 20 Aug 2010 12:57:46 +0200)
Spanish Santander bank and Poland's largest bank, PKO BP, have made their final offers to purchase troubled Allied Irish Bank's controlling stake in BZ WBK, ‘Gazeta Wyborcza’ daily reports quoting unofficial sources.
FDI inflow to Poland still going up (Fri, 20 Aug 2010 12:57:00 +0200)
According to preliminary data published by the National Bank of Poland (NBP), the inflow of Foreign Direct Investment in June amounted to EUR 715 million. This gives almost EUR 6.3 billion in H1 2010.
Privatization of Poland’s newsagent Ruch one step closer (Thu, 19 Aug 2010 14:42:48 +0200)
Polish Treasury announced that in response to Lurena’s call for sale of the shares in newsagent Ruch, it would sell Lurena 100% of its stake in Ruch, the Treasury said in a communiqué. The Treasury has 56.85% of shares in Ruch.
Poland’s PKO BP Bank notes 30.6% growth y-o-y (Thu, 19 Aug 2010 14:42:09 +0200)
PKO BP reported PLN 1.5 billion of consolidated net profit assigned to the shareholders of the company in H1 2010 as compared with PLN 1.15 billion a year earlier.
Poland to postpone euro adoption? (Thu, 19 Aug 2010 14:38:39 +0200)
Financial markets consent that Poland will adopt the common European currency, the euro, in 2019, ‘Puls Biznesu’ daily reports. Swiss bank UBS is even more unenthusiastic in its prognosis saying that Poland and the Czech Republic will endlessly postpone introducing the euro, ‘Puls Biznesu’ writes.
