Poland - Factors to Watch on Oct 22

OT Logistics SA

22/10/2015 07:12

Oct 22 (Reuters) - 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): 
     
    ORANGE POLSKA  OPL.WA  
    Poland's largest telecom operator said after Wednesday's 
market close it might cut its dividend by half in 2016 after it 
agreed to pay the equivalent of nearly all its 2014 core profit 
for new mobile broadband frequencies.  ID:nL8N12L52J  
     
    PKN ORLEN  PKN.WA  
    Poland's biggest refiner PKN Orlen said on Thursday its net 
profit in the third quarter rose by 48 percent year on year to 
795 million zlotys ($210 million) on higher refining margins, 
but came below forecasts mainly due to a revaluation of 
inventories.  ID:nW8N122011  
     
    POLISH ELECTION 
    Losses on Polish financial markets have highlighted 
investors' anxiety over the country's expected lurch towards 
populist, pro-welfare policies after Sunday's election, but a 
history of rock-solid growth should shield against a broader 
selloff.  ID:nL8N12L2Q8  
    Poland's main opposition Law and Justice (PiS) party said on 
Wednesday it hoped to press ahead with a cheap loan programme as 
soon as possible if, as expected, it wins Sunday's election. 
 ID:nL8N12L3ZU  
     
    CENTRAL BANK ON PIS PLANS 
    The central bank cannot finance the government's plans as 
that would undermine the bank's independence, Gazeta Wyborcza 
daily quoted the central bank rate-setter Anna 
Zielinska-Glebocka as saying.  ID:nW8N12201B  
     
    GROWTH 
    Law and Justice, which is tipped to win parliamentary 
election on Sunday, targets an annual GDP growth at 5 percent, 
Rzeczpospolita daily quoted the party's lawmaker Pawel 
Szalamacha as saying.  
     
    POLITICAL POLL 
    Law and Justice leads in the latest poll by TNS pollster 
with a 32.5-percent reading, ahead of the ruling Civic Platform 
with 26.3 percent backing, Gazeta Wyborcza daily reported. 
     
    POCZTA POLSKA 
    The state postal operator Poczta Polska plans to issue bonds 
at the start of 2016 to finance investment of 1.5 billion 
zlotys, which some experts say may result in postponing the 
firm's IPO, planned for end-2016, Parkiet daily said.  
     
    PKP CARGO  PKPP.WA , OT LOGISTICS  OTSL.WA  
    Two Polish cargo operators PKP Cargo and OT Logistics are 
looking to enter the Croatian market, Parkiet daily said. 
Croatia is planning privatization of its railways firm HZ Cargo, 
the paper said.  
     
    KERNEL KER.WA  
    Warsaw-listed Ukrainian agriculture group Kernel said it 
turned to a net profit of $107 million in its 2015 financial 
year that ends in June from a $98 million net loss last year.  
     
    **** Reuters has not verified these stories 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  
 
 (Editing by David Holmes) 
 
Keywords: POLAND FACTORS/