Poland - Factors to Watch May 23

Capitea SA

23/05/2018 07:16

Following are news stories, press reports and events to watch
that may affect Poland's financial markets on Wednesday. ALL
TIMES GMT (Poland: GMT + 2 hours):
  
    DATA
    Polish statistics office to release April retail sales data
at 0800 GMT.
    
    PGE  PGE.WA , POLENERGIA  PEPP.WA 
    Poland's biggest power producer, state-run PGE, has launched
a public tender to take over its smaller rival Polenergia
PEPP.WA, offering 16.29 zlotys ($4.48) per share, in a bid to
strengthen its market position and cut emissions.  urn:newsml:reuters.com:*:nL5N1ST51C
    
    PKN ORLEN  PKN.WA , UNIPETROL  UNPE.PR 
    Poland's biggest oil refiner, PKN Orlen, will buy the
remaining 5.97 percent in Czech unit Unipetrol from minority
shareholders for 380 crowns per share to complete its takeover
and delist the unit from the Prague bourse.  urn:newsml:reuters.com:*:nL5N1SU0DZ
    
    PGNiG  PGN.WA 
    Poland's dominant gas firm, PGNiG, confirmed that its net
profit fell slightly in the first quarter to 1.57 billion
zlotys, as the company had estimated earlier.  urn:newsml:reuters.com:*:nW8N1S200X
    
    GETBACK  GBK.WA 
    The prosecutor's office will look at the debt purchasing
firm GetBack over the statement it issued in April saying that
it was in talks with state-run bank PKO BP and fund PFR
regarding financing, which both institutions immediately denied,
Parkiet daily reported.
    Separately, Dziennik Gazeta Prawna daily said that Abris, a
majority shareholder in GetBack, may consider selling the
troubled firm, but only to an investor who will pledge to fix
its problems.
    
    
    ****Reuters has not verified stories reported by Polish
media and does not vouch for their accuracy.****
    
    For other related news, double click on:
 Polish equities        PL-E      E.Europe equities      .CEE 
 Polish money           PL-M      Polish debt            PL-D  
 Eastern Europe         EEU       All emerging markets   EMRG 
 Hot stocks             HOT       Stock markets          STX 
 Market debt news       DBT       Forex news             FRX 
 
 For real-time index quotes, double click on:
 Warsaw WIG20  .WIG20   Budapest BUX  .BUX   Prague PX  .PX 

 (Reporting by Warsaw Bureau)
 ((warsaw.newsroom@reuters.com; tel. +48 22 6539700))