Poland - Factors to Watch Oct 7

Polski Holding Nieruchomosci SA

07/10/2014 07:19

Here are news stories, press reports and events to watch which 
may affect Poland's financial markets on Tuesday. ALL TIMES GMT 
(Poland: GMT + 2 hours): 
     
    BANKS 
    Polish banks' aggregated net profit rose by 9.5 percent 
year-on-year in the Jan-Aug period, according to central bank's 
data, Parkiet daily reported. In August alone banks' net profit 
rose by 8.7 percent to 1.23 billion zlotys ($371.52 million).  
     
    CENTRAL BANK 
    The National Bank of Poland will offer voluntary lay-offs to 
550 people, or 15 percent of its staff, by 2015-end, to optimize 
its costs, Dziennik Gazeta Prawna daily reported. 
     
    AZOTY  ATTP.WA  
    Poland's biggest fertilizer maker Grupa Azoty will invest 7 
billion zlotys by 2020 to modernize and develop its production, 
Rzeczpospolita daily reported. 
     
    PHN  PHN.WA  
    Polish real estate group PHN wants to sell real estate worth 
700 million zlotys and re-invest the money, the company's CEO 
was quoted as saying by Parkiet. The state-owned group also 
plans a "high" dividend for 2014. 
     
    PKP 
    Polish state railways PKP want to sell its telecommunication 
and energy arms PKP Telekom and PKP Energetyka to pay off debt, 
Puls Biznesu daily reported. Passenger transport business, PKP 
Intercity, may be floated in 2 to 3 years time. 
   
    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 US dollar = 3.3107 Polish zloty) 
 
 (Editing by Louise Heavens) 
 
Keywords: POLAND FACTORS/