Rafako shares jump as Poland's Tusk hints at armaments production

Rafako SA w upadlosci

15/04/2025 10:52

** Shares in Polish power-generation boilers manufacturer Rafako RFK.WA jump as much as 45.8%, after Prime Minister Donald Tusk suggests plant could produce armaments

** "There is nothing stopping us from starting up, from starting up armaments production, and I am talking about a very wide range, on the site where boilers used to be produced," Tusk said at press conference

**  "(...) Rafako can be such a place," Tusk added

** A Polish court said in January that ruling on Rafako's bankruptcy became final

** As of 0952 GMT, Rafako's shares are up 42%, at the top of Poland's small-cap sWIG80 .sWIG80 index

 (Reporting by Marta Maciag)

 ((Marta.Maciag@thomsonreuters.com))