Picture of Powszechny Zaklad Ubezpieczen SA logo

PZU Powszechny Zaklad Ubezpieczen SA News Story

0.000.00%
pl flag iconLast trade - 00:00
FinancialsBalancedLarge CapTurnaround

Poland - Factors to Watch November 14

WARSAW, Nov 14 (Reuters) - The following are significant news stories, press reports and events on Friday. ALL TIMES GMT (Poland: GMT + 1 hours):

INNOVATE POLAND PROGRAM

The government will launch the Innovate Poland program, which aims to mobilize a new group of investors in the capital market. PFR Ventures, PZU PZU.WA, and BGK, supported by the European Investment Fund, will participate. According to unofficial information, the fund's value can be estimated at least 8 billion zlotys ($2.20 billion), Rzeczpospolita daily reported.

ETS

Polish energy and industrial companies are calling for changes to the EU's CO2 emissions trading system. In 2024, only four companies - Orlen PKN.WA, PGE PGE.WA, Enea ENAE.WA, and Tauron TPE.WA - spent a total of nearly 45 billion zlotys ($12.37 billion) on purchasing emission allowances, Rzeczpospolita reported.

S&P GLOBAL

Maintaining strong economic growth is crucial for Poland, as its fiscal tightening prospects look slim due to political constraints, the S&P Global ratings agency told Reuters.

KGHM

Polish state-run copper producer KGHM KGH.WA on Thursday reported an 80% year-on-year rise in third-quarter net profit, driven by the strong performance of its Chilean Sierra Gorda mine and higher precious metal prices.

DATA

On Friday at 0900 the Polish statistical office will release inflation data for October. The preliminary reading indicated that last month's price growth rate was 2.8% year-on-year and 0.1% month-on-month.

****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 = 3.6365 zlotys)

 (Reporting by Warsaw Bureau)

 ((warsaw.newsroom@reuters.com))

Recent news on Powszechny Zaklad Ubezpieczen SA

See all news