Poland - Factors to Watch on May 30

Wed May 30, 2012 2:14am EDT

Here are news stories, press reports and events to watch, which may affect Poland's financial markets on Wednesday. ALL TIMES GMT (Poland GMT + 2 hours):


Poland's top utility PGE will not sell its telecom unit Exatel, the company said in a statement on Tuesday.


Polish wind and biomass energy producer PEP has been put up for sale, three sources close to the talks told Reuters, with foreign rivals and local utilities PGE and Enea likely to be interested in the $140 million company.


Poland, which holds a 32-percent stake in Europe's no.2 copper producer, wants a 2011 dividend of 4.8 billion zlotys ($1.4 billion) versus the 3.4 billion proposed by the management, the Parkiet daily reported without quoting any sources.


The Polish gas monopoly plans to float two of its subsidiaries on the Warsaw bourse, one of them being its drilling company PGNiG Poszukiwania, PGNiG CEO Grazyna Piotrowska-Oliwa told daily Parkiet.


Telecoms company Hawe said it would team up with IT Polpager - linked to Polish media mogul Zygmunt Solorz-Zak - in the race for Polish railways' telecoms arm TK Telekom.

NOTE - For a diary of forthcoming events see and a calendar of east European economic indicators see .

For other related news, double click on: Polish equities E.Europe equities Polish money Polish debt Eastern Europe All emerging markets Hot stocks Stock markets Market debt news Forex news For real-time index quotes, double click on: Warsaw WIG20 Budapest BUX Prague PX ($1 = 3.3959 Polish zlotys)

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