Poland - Factors to Watch Aug 17

Larq SA

17/08/2017 07:25

Following are news stories, press reports and events to watch 
that may affect Poland's financial markets on Thursday. ALL 
TIMES GMT (Poland: GMT + 2 hours): 
 
    WAGES AND EMPLOYMENT DATA 
    The statistics office is due to release corporate wages and 
employment data for July at 1200 GMT.  ECONPL   
     
    LOTOS  LTSP.WA  
    The net profit of state-run refiner Lotos fell 30 percent 
year-on-year to 157.5 million zlotys ($43.5 million) in the 
second quarter, exceeding analysts' expectations of 146 million 
zlotys, the company said on Wednesday.  urn:newsml:reuters.com:*:nFWN1L300G     
 
    PZU  PZU.WA  
    According to preliminary estimates state-run insurer PZU may 
pay out about 200 million zlotys ($55.2 million) in compensation 
to its clients for damages caused by last week's storms in 
Poland, a PZU executive told Parkiet daily. 
             
    PGNiG  PGN.WA  
    State-run energy firm PGNiG is convinced that it will manage 
to receive first gas deliveries from Scandinavia via a new 
pipeline in 2022, as previously planned, PGNiG Deputy Chief 
Executive Piotr Wozniak told Nasz Dziennik daily.  
     
    SUPPORT FOR EU 
    About 88 percent of Poles support the country's membership 
in the European Union, while 5 percent would like to exit the 
bloc, a survey conducted by state-run pollster CBOS and cited by 
Gazeta Wyborcza daily showed. 
         
    LOCAL GOVERNMENTS' BUDGETS 
    The combined budget result of Polish local governments stood 
at a surplus of 13.5 billion zlotys in the first half of the 
year, but will likely end the year with a deficit as most 
investment spending is carried out near the end of the year, 
Puls Biznesu daily reported.  
     
    LARQ  LRQ.WA  
    A unit of Larq called Nextbike Polska, a supplier and 
operator of city bike systems, plans to enter markets in Norway, 
Finland and Iceland after rapid growth in Poland, the head of 
Nextbike Polska Tomasz Wojtkiewicz told Puls Biznesu daily. 
     
    RENEWABLE ENERGY 
    Production of energy from renewable sources in Poland may 
fall by 25-40 percent in 2017 to 12-15 terrawatt hours (TWh) 
compared to 2016, Rzeczpospolita daily reported citing the head 
of research institute Instytut Energii Odnawialnej. 
     
    ****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 = 3.6219 zlotys) 
 
 (Reporting by Warsaw Bureau; Editing by Toby Chopra) 
 ((warsaw.newsroom@reuters.com; tel. +48 22 6539700)) 
 
Keywords: POLAND FACTORS/