Poland - Factors to Watch on Nov 7

Polski Holding Nieruchomosci SA

07/11/2013 07:02

Here are news stories, press reports and events to watch which 
may affect Poland's financial markets on Thursday. ALL TIMES GMT 
(Poland: GMT + 1 hour): 
     
    RATES FLAT AHEAD 
    Poland's central bank left interest rates flat on Wednesday 
and vowed to keep them unchanged at least till the middle of 
next year as economic recovery remains modest and inflation 
moderate.  ID:nL5N0IQ2JA  
     
    BGZ BGZ.WA  
    France's BNP Paribas  BNPP.PA  confirmed it had placed an 
unbinding offer to buy Bank BGZ  BGZ.WA , the Polish subsidiary 
of Dutch lender Rabobank  RABO.UL , BNP said on Thursday. 
 ID:nW8N0HZ01H  
     
    BOGDANKA LWBP.WA  
    Falling coal prices took the third-quarter net profit of the 
Polish miner a fifth down year-on-year, just below market 
expectations, the company said on Thursday.  ID:nW8N0HZ01G  
     
    BUDIMEX 
    Builder Budimex  BDXP.WA , the Polish arm of Spanish 
Ferrovial  FER.MC , will sell one of its companies to 
private-equity firm Equity Investors for 238.6 million zlotys 
($77.4 million).  ID:nL5N0IR4IJ  
     
    BANK HANDLOWY BHW.WA  
    The Polish Citigroup  C.N  unit reported a 
larger-than-expected 34-percent fall in its third-quarter net 
profit to 165 million zlotys, taking a hit from falling income 
from bond sales. 
     
    NETIA NET.WA  
    Poland's No.2 telecoms operator raised its operating profit 
(EBIT) forecast for the year by 10 percent thanks to increasing 
number of new television and broadband customers, the company 
said on Thursday.  ID:nL5N0IS0NS  
     
    DEBT AUCTION 
    Poland will offer 4.0-7.0 billion zlotys worth of bonds due 
in January 2016 and July 2018 at an auction. 
     
    SHALE GAS 
    Shale gas exploration in Poland may need another 14 billion 
zlotys ($4.54 billion) of spending by 2021 on top of the 2 
billion spent in the last three years, Kamlesh Parmar, the CEO 
of 3Legs Resources  3LEG.L  was quoted as saying by Puls Biznesu 
daily. 
     
    PHN PHN.WA  
    Poland will launch the second stage of the real estate 
group's privatization in the middle of this month, Puls Biznesu 
daily quoted deputy treasury minister as saying.  
 
    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 = 3.0837 Polish zlotys)