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Poland - Factors to Watch Mar 26
March 26, 2018 / 6:10 AM / a month ago

Poland - Factors to Watch Mar 26

Following are news stories, press reports and events to watch that may affect Poland’s financial markets on Monday. ALL TIMES GMT (Poland: GMT + 1 hour):

OSTROLEKA POWER PLANT

The board of the Ostroleka power plant has asked utilities Energa and Enea to agree that a consortium of GE Power and Alstom construct a new unit at the plant for 5 billion zlotys ($1.46 billion), Energa and Enea said in statements.

PIOTR I PAWEL

Several investors are analysing financial data of the Polish supermarket chain Piotr i Pawel and may later express interest in buying the company, Rzeczpospolita daily reported, saying Portugal’s Jeronimo Martins, the French firm Carrefour and ITM are among those looking at the data.

COMARCH

IT company Comarch SA expects its results to improve quarter by quarter in year-on-year terms, Chief Executive Officer Janusz Filipiak was quoted as saying by Rzeczpospolita. He also expects that wage pressure in the IT sector to weaken as wages in Comarch in Warsaw are higher that in its French unit in Grenoble.

REAL ESTATES

Apartments prices should rise this year by 7 to 15 percent depending on the market, developer Robyg Chief Executive Officer Zbigniew Okonski told Rzeczpospolita.

ELECTRIC CARS

Within three years 50,000 electric cars will hit Polish roads, Rafal Czyzewski, head of Greenway Polska, aa company that installs electric car chargers, told Rzeczpospolita.

PGG

Unions at mining group PGG are to hold last-chance talks with management on Monday regarding pay rises. Workers demand 10 percent pay rise and threaten to hold a street protest, Dziennik Gazeta Prawna daily said.

ENTER AIR

Poland’s biggest charter flight career Enter Air plans to conduct a public share issue worth 60 million zloty to gather money for financing two Boeing aircraft, Puls Biznesu daily said.

****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 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 = 3.4229 zlotys) (Reporting by Warsaw Bureau, editing by Larry King)

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