Poland - Factors to Watch August 9

Modivo SA

09/08/2024 07:01

WARSAW, Aug 9 - The following are news stories, press
reports and events that may affect Poland's financial markets on
Friday. ALL TIMES GMT (Poland: GMT + 2 hours):
    
    
    ORLEN
    Orlen needs time to analyse its key petrochemical
investment, the Olefins complex, and decide on its future,
company CEO Irenusz Fafara said. The tripling of the initial
cost of the investment to 25 billion zloty ($6.32 billion) means
that the project was not based on rational premises, he said,
PAP newswire reported.
    
    RETIREMENT AGE 
    Poles will be facing low pensions, while companies will not
be able to find employees if retirement age, currently at 60
years for women and 65 years for men, is not increased,
Rzeczpospolita reports citing experts.
    
    FERTILIZER INDUSTRY
    Domestic fertilizer production is growing despite high
supplies from other countries, especially Russia and Belarus,
Rzeczpospolita reports. Large imports to Poland hit Grupa Azoty
and Orlen, the newspaper reported.
    
    
    ****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 = 3.9538 zlotys)

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