Poland - Factors to Watch Oct 8

Cyfrowy Polsat SA

08/10/2024 07:35

WARSAW, Oct 8 - The following are news stories, press
reports and events that may affect Poland's financial markets on
Tuesday. ALL TIMES GMT (Poland: GMT + 2 hours):
    
    TAXES
    The Polish Ministry of Development, in a bid to attract
international investors, is proposing that the largest companies
affected by the global minimum tax rate have a choice: either a
tax exemption or a new form of financial support - cash grants,
Dziennik Gazeta Prawna reported.
    
    INSURANCE
    The compensation value after the flood that hit Poland in
September may be higher than 1.7 billion zlotys ($432.08
million) paid after the flood in 2010, Jan Grzegorz Pradzynski,
the head of Polish Chamber of Insurance was quoted as saying by
Dziennik Gazeta Prawna daily. 
    
    ZE PAK  ZEEP.WA , CYFROWY POLSAT  CPS.WA 
    The children of Polish billionaire Zygmunt Solorz question
the effectiveness of his actions aimed at dismissing them from
the authorities of his companies and are waiting for the court's
judgment in Liechtenstein, Rzeczpospolita daily reported.
    On Monday shareholders of a utility ZE PAK removed from the
supervisory board two of Solorz's sons following a conflict in
the family. On Tuesday shareholders of telecommunications
service Cyfrowy Polsat will vote on changes to the supervisory
board. 
    
    JSW  JSW.WA 
    The growing losses of JSW resulting from the decline in
demand for coking coal and rising mining costs force the company
to look for ways to improve the situation; cuts in investments
are most likely, Parkiet daily reported quoting analysts.
        
    ****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 



($1 = 3.9345 zlotys)

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