Following are news stories, press reports and events to watch that may affect Poland’s financial markets on Wednesday. ALL TIMES GMT (Poland: GMT + 1 hour):
Polish lender Bank Zachodni WBK reported a 19 percent jump in fourth-quarter net profit on Wednesday, underpinned by improvements in its core segments’ results on the back of an accelerating economy.
There are so many areas in Poland that have to be changed radically that the ruling Law and Justice (PiS) will need at least three terms to do it, the party leader told Gazeta Polska weekly in an interview published on Wednesday.
Private equity fund Enterprise Investors plans to list its Polish energy-efficient housebuilder Danwood on the Warsaw Stock Exchange, Puls Biznesu daily said quoting the company’s statement.
Poland’s largest video game developer CD Projekt will likely replace Asseco Poland, the country’s largest IT company, in the Warsaw Stock Exchange blue chip index WIG20 in the next revision in March, Puls Biznesu daily said quoting analysts.
German BMW had planned to invest in the electric vehicles business in Poland, but resigned after Warsaw launched regulations which hit wind farms, Dziennik Gazeta Prawna daily said quoting unnamed sources.
Poland’s president signed into law a Sunday trade bill which restricts trading to two Sundays in a month, Parkiet daily said.
****Reuters has not verified stories reported by Polish media and does not vouch for their accuracy.****
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