August 14, 2014 / 5:56 AM / 3 years ago

Poland - Factors to Watch Aug 14

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


The statistics office will publish the first estimate of Poland’s second quarter GDP at 0800 GMT.

The central bank will publish July net inflation and money supply data at 1200 GMT.


Second-quarter net profit at Poland’s largest gas distributor fell by a less-than-expected 4 percent year-on-year as higher oil production helped counter write-offs, the group said on Thursday.


Europe’s second-largest fertiliser maker, Poland’s Grupa Azoty, said on Thursday it was still planning foreign takeovers after reporting a first-half net profit that beat analysts’ expectations.


Europe’s second-biggest copper producer reported a slightly better than expected 8 percent drop in its second-quarter net profit on Wednesday, as lower global metals prices took their toll.


The European Union’s largest coking coal miner said it swung to a net loss of 343 million zlotys ($109.4 million) in the first half of the year due to falling coal prices and lower output.


Eastern Europe’s largest insurer is bidding for a medical service network Polmed, valued at 57 million zlotys, Puls Biznesu daily quoted its sources as saying.


The small-tier Polish lender is interested in taking over local FM Bank PBP, Puls Biznesu daily quoted its sources as saying.

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

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