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Poland Business News articles from October 2004

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<a href="http://www.highbeam.com/Poland+Business+News/publications.aspx?date=200410" title="Articles and back issues from Poland Business News">Poland Business News articles</a>

Poland Business News back issues from October 2004:

Construction firm PMS to hike 2004 revenues to PLN 1.5 bln on investment pick up in Poland.

Oct 01, 2004 ... Construction firm PMS to hike 2004 revenues to PLN 1.5 bln on investment pick up in Poland Warsaw. October 1. INTERFAX-EUROPE - Construction firm Polimex-Mostostal Siedlce (PMS) plans to hike revenues and boost net profit by more than 40% in 2004, as investments pick up in ...

Poland's public debt to hit 52.2% of GDP in 2004, down from planned 53.5% of GDP.

Oct 01, 2004 ... Poland's public debt to hit 52.2% of GDP in 2004, down from planned 53.5% of GDP Warsaw. October 1. INTERFAX-EUROPE - Poland's 2004 public debt will be lower than expected, hitting 52.2-52.5% of gross domestic product (GDP) at the end of the year, down from the 53.5% planned, ...

PM Belka satisfied w/ central bank's rates, says sudden rate hike could harm GDP growth.

Oct 01, 2004 ... PM Belka satisfied w/ central bank's rates, says sudden rate hike could harm GDP growth Warsaw. October 1. INTERFAX-EUROPE - Polish Prime Minister Marek Belka says he is satisfied with the current level of the central bank's key interest rates, and adds that the country's ...

Polish press on 01/10/04 - Politics & Government.

Oct 01, 2004 ... Polish press on 01/10/04 - Politics & Government Warsaw. October 1. INTERFAX-EUROPE - Poland's 2005 budget project, passed by the government on Tuesday and presented to Parliament on Thursday is "quite a good budget," concur Polish economists cited by the daily Rzeczpospolita ....

Polish press on 01/10/04 - Business & Economy.

Oct 01, 2004 ... Polish press on 01/10/04 - Business & Economy Warsaw. October 1. INTERFAX-EUROPE - Hungarian chemical firm BorsodChem, the largest PCV producer in the Central and Eastern European region, received permission on Thursday from Poland's securities and exchange commission to launch ...

Equity market open 01/10/04 - Warsaw indices stay in negative territory, BRE Bank leads decliners.

Oct 01, 2004 ... Equity market open 01/10/04 - Warsaw indices stay in negative territory, BRE Bank leads decliners Warsaw. October 1. INTERFAX-EUROPE - Warsaw's three major indices remained in negative territory after slow early morning trade, which was dominated by declining stocks within the ...

Currency market open 01/10/04 - Zloty is volatile in range trading.

Oct 01, 2004 ... Currency market open 01/10/04 - Zloty is volatile in range trading Warsaw. October 1. INTERFAX-EUROPE - True to dealer expectations the zloty was volatile on Friday. The Polish currency opened stronger to both the euro and dollar compared to Thursday's close. In early trade, the ...

Currency market quotations 01/10/04 - open & fixing (Table).

Oct 01, 2004 ... Currency market quotations 01/10/04 - open & fixing (Table) Warsaw. October 1. INTERFAX-EUROPE - Following is a table with the prior-session close and the current-day open on the interbank ...

National Bank of Poland official currency rates - 01/10/04.

Oct 01, 2004 ... National Bank of Poland official currency rates - 01/10/04 Warsaw. October 1. INTERFAX-EUROPE - Following is a table containing the referential fixing rates for ...

National Bank of Poland official currency rates - 01/10/04.

Oct 01, 2004 ... National Bank of Poland official currency rates - 01/10/04 Warsaw. October 1. INTERFAX-EUROPE - Following is a table containing the weekly difference in referential fixing rates for ...

National Bank of Poland official money market rates - 01/10/04.

Oct 01, 2004 ... National Bank of Poland official money market rates - 01/10/04 Warsaw. October 1. INTERFAX-EUROPE - Following is a table of official money market rates as set by the National Bank of Poland (NBP). The bank's Monetary Policy Council is scheduled to next sit to decide on the level ...

Polish condom maker Unimil begins takeover of German parent Condomi by buying debt.

Oct 01, 2004 ... Polish condom maker Unimil begins takeover of German parent Condomi by buying debt Warsaw. October 1. INTERFAX-EUROPE - Unimil, Poland's leading condom maker, began to take over its German parent company, Condomi, purchasing EUR 37.3 mln of Condomi's debt for EUR 16.0 mln from ...

Up to 35% of Poland's No. 1 textbook publisher WSiP to be sold in 2-tranche Warsaw IPO.

Oct 01, 2004 ... Up to 35% of Poland's No. 1 textbook publisher WSiP to be sold in 2-tranche Warsaw IPO Warsaw. October 1. INTERFAX-EUROPE - Up to a 35% stake in Poland's biggest textbook publisher, the state-owned WSiP, will be sold in a two-tranche IPO on the Warsaw Stock Exchange, according ...

US-based auto parts maker Eaton Corporation to invest PLN 250 mln to build Polish plant.

Oct 01, 2004 ... US-based auto parts maker Eaton Corporation to invest PLN 250 mln to build Polish plant Warsaw. October 1. INTERFAX-EUROPE - American auto parts maker Eaton Corporation will invest PLN 250 mln to build an engine parts production facility in the southwestern Polish city of ...

Poland intends to sell off all stakes in heavy chemical sector, starting in Q3 2005.

Oct 01, 2004 ... Poland intends to sell off all stakes in heavy chemical sector, starting in Q3 2005 Warsaw. October 1. INTERFAX-EUROPE - The Polish government intends to sell all of its stakes in the country's heavy chemical sector, beginning with the initial public offerings (IPOs) of ...

Poland's Solaris bus maker will deliver 260 buses to Berlin municipal transporter BVG.

Oct 01, 2004 ... Poland's Solaris bus maker will deliver 260 buses to Berlin municipal transporter BVG Warsaw. October 1. INTERFAX-EUROPE - Polish bus maker Solaris won a tender to supply 260 buses to municipal transporter BVG in Berlin, the Polish company said in a statement. ...

Polish refiners PKN Orlen, Lotos raise fuel prices by more than 2% in week ending Oct. 1.

Oct 01, 2004 ... Polish refiners PKN Orlen, Lotos raise fuel prices by more than 2% in week ending Oct. 1 Warsaw. October 1. INTERFAX-EUROPE - Poland's top fuel refiners, PKN Orlen and Lotos, raised fuel prices by more than 2% in the week ending October 1. The above price data is ...

Hungarian chemical firm BorsodChem to enter WSE with issue price of HUF 1,850 per share.

Oct 01, 2004 ... Hungarian chemical firm BorsodChem to enter WSE with issue price of HUF 1,850 per share Warsaw. October 1. INTERFAX-EUROPE - Hungarian chemical firm BorsodChem (BC) will be the second foreign company to list on the Warsaw Stock Exchange (WSE), debuting on October 8 with an issue ...

Poland attracts EUR 121.8 bln of foreign investment in 2003.

Oct 01, 2004 ... Poland attracts EUR 121.8 bln of foreign investment in 2003 Warsaw. October 1. INTERFAX-EUROPE - Poland attracted EUR 121.8 bln of foreign investment in 2003, representing 65.7% of gross domestic product (GDP), the central bank said in a report published on Friday. ...

Warsaw equity market close - 01/10/04 (Table).

Oct 01, 2004 ... Warsaw equity market close - 01/10/04 (Table) Warsaw. October 1. INTERFAX-EUROPE - The following table presents complete listings for the current day's continuous trading session on the Warsaw Stock Exchange. ...

Equity market overview 01/10/04 - Warsaw closes almost flat on late trade recovery.

Oct 01, 2004 ... Equity market overview 01/10/04 - Warsaw closes almost flat on late trade recovery Warsaw. October 1. INTERFAX-EUROPE - After losing some in the first part of Friday's session, the main indices of the Warsaw bourse began to recover in the afternoon following an impulse from the ...

Equity market insider 01/10/04 - Chemical firm BordosChem; construction firm Budimex.

Oct 01, 2004 ... Equity market insider 01/10/04 - Chemical firm BordosChem; construction firm Budimex Warsaw. October 1. INTERFAX-EUROPE - Hungarian chemical producer BorsodChem will debut on the Warsaw Stock Exchange on October 8 with an issue price set at HUF 1,850 (USD 9.28) per share or ...

Currency market overview 01/10/04 - Zloty strengthens considerably on large foreign order.

Oct 01, 2004 ... Currency market overview 01/10/04 - Zloty strengthens considerably on large foreign order Warsaw. October 1. INTERFAX-EUROPE - After a weaker open, the zloty strengthened sharply following a large afternoon order from a foreign bank. "We had a slight weakening in the ...

Interbank currency market quotations - 01/10/04 (Table).

Oct 01, 2004 ... Interbank currency market quotations - 01/10/04 (Table) Warsaw. October 1. INTERFAX-EUROPE - Following is a table with the current-day open and the current-day afternoon quotation on the interbank ...

Listed Polish PC maker Optimus signs PLN 2.9 mln deal to supply clusters, equipment.

Oct 04, 2004 ... Listed Polish PC maker Optimus signs PLN 2.9 mln deal to supply clusters, equipment Warsaw. October 4. INTERFAX-EUROPE - Listed Polish PC maker Optimus signed a PLN 2.9 mln contract to supply network equipment and clusters, groups of connected computers, to several Polish ...

German insurer Munich Re's Polish unit, Hestia, eyes PLN 950 mln of gross premiums in '04.

Oct 04, 2004 ... German insurer Munich Re's Polish unit, Hestia, eyes PLN 950 mln of gross premiums in '04 Warsaw. October 4. INTERFAX-EUROPE - Polish asset insurer STU Ergo Hestia, part of the German insurance group Munich Re, aims to boost sales and profitability, hiking gross written premiums ...

Polish Dep. PM Hausner: September unemployment down to 18-19% from August's 19.1%.

Oct 04, 2004 ... Polish Dep. PM Hausner: September unemployment down to 18-19% from August's 19.1% Warsaw. October 4. INTERFAX EUROPE - Poland's unemployment rate in September fell to between 18% and 19% from 19.1% in August, Deputy Prime Minister and Economy Minster Jerzy Hausner told ...

NBP's Wasilewska-Trenkner: Strong zloty can lower inflation, high-inflation threat remains.

Oct 04, 2004 ... NBP's Wasilewska-Trenkner: Strong zloty can lower inflation, high-inflation threat remains Warsaw. October 4. INTERFAX-EUROPE - Poland's strong zloty could help push inflation lower, if the currency remains at its current level, but the threat of high inflation remains, Halina ...

Polish press on 04/10/04 - Politics & Government.

Oct 04, 2004 ... Polish press on 04/10/04 - Politics & Government Warsaw. October 4. INTERFAX-EUROPE - EU structural funding, for roads and education among other projects, of EUR 20 bln for 2007-2013, will be allocated after direct negotiations with regional Polish authorities, said EU ...

Polish press on 04/10/04 - Business & Economy.

Oct 04, 2004 ... Polish press on 04/10/04 - Business & Economy Warsaw. October 4. INTERFAX-EUROPE - Hungarian chemical firm BorsodChem (BC) is scheduled to debut on the Warsaw bourse on October 8. The share price was set at HUF 1850, or PLN 32.55. The Hungarian firm will be only the second ...

Equity market open 04/10/04 - Large-cap gains in brisk trade lift indices, WIG20 up 1.4%.

Oct 04, 2004 ... Equity market open 04/10/04 - Large-cap gains in brisk trade lift indices, WIG20 up 1.4% Warsaw. October 4. INTERFAX-EUROPE - The Warsaw bourse enjoyed brisk trade in its largest stocks on Monday morning. The large-cap WIG20 index, after a flat open, pushed up to a 1.4% gain by ...

Poland will offer PLN 2 bln of two-year bonds on October 6.

Oct 04, 2004 ... Poland will offer PLN 2 bln of two-year bonds on October 6 Warsaw. October 4. INTERFAX-EUROPE - Poland's Finance Ministry plans to offer PLN 2 bln of two-year bonds (OK1206) at an auction scheduled for October 6, the ...

Treasury bill overview 04/10/04 - Poland sells PLN 900 mln in 52W paper, yields fall to 7.078%.

Oct 04, 2004 ... Treasury bill overview 04/10/04 - Poland sells PLN 900 mln in 52W paper, yields fall to 7.078% Warsaw. October 4. INTERFAX-EUROPE - Poland sold its full pool of PLN 900 mln in 52-week Treasury bills at a Monday auction that saw yields declining to 7.078%. Demand at ...

Currency market open 04/10/04 - Zloty remains strong in run-up to bank PKO BP public sale.

Oct 04, 2004 ... Currency market open 04/10/04 - Zloty remains strong in run-up to bank PKO BP public sale Warsaw. October 4. INTERFAX-EUROPE - The zloty, despite being weaker to Friday's close on Monday morning, is still strong at some 7.4% above its former parity. "The zloty is ...

Currency market quotations 04/10/04 - open & fixing (Table).

Oct 04, 2004 ... Currency market quotations 04/10/04 - open & fixing (Table) Warsaw. October 4. INTERFAX-EUROPE - Following is a table with the prior-session close and the current-day open on the interbank ...

National Bank of Poland official currency rates - 04/10/04.

Oct 04, 2004 ... National Bank of Poland official currency rates - 04/10/04 Warsaw. October 4. INTERFAX-EUROPE - Following is a table containing the referential fixing rates for ...

National Bank of Poland official money market rates - 04/10/04.

Oct 04, 2004 ... National Bank of Poland official money market rates - 04/10/04 Warsaw. October 4. INTERFAX-EUROPE - Following is a table of official money market rates as set by the National Bank of Poland (NBP). The bank's Monetary Policy Council is scheduled to next sit to decide on the level ...

Top Polish bank PKO BP hands in share issue application to Warsaw Stock Exchange.

Oct 04, 2004 ... Top Polish bank PKO BP hands in share issue application to Warsaw Stock Exchange Warsaw. October 4. INTERFAX EUROPE - PKO BP, Poland's biggest retail bank, has handed in its share issuance application to the Warsaw Stock Exchange (WSE) in preparation for its planned initial ...

Open pension fund Bankowy's manager PTE Bankowy plans PLN 20 mln net profit in 2004.

Oct 04, 2004 ... Open pension fund Bankowy's manager PTE Bankowy plans PLN 20 mln net profit in 2004 Warsaw. October 4. INTERFAX-EUROPE - The manager of open pension fund Bankowy, PTE Bankowy, plans a PLN 20 mln net profit for 2004, PTE Bankowy Vice President Wojciech Polec told a news ...

Poland's 16 open pension funds hit record high of over PLN 56 bln in assets at end-Sept.

Oct 04, 2004 ... Poland's 16 open pension funds hit record high of over PLN 56 bln in assets at end-Sept. Warsaw. October 4. INTERFAX-EUROPE - Poland's 16 opened-ended pension funds booked record-high assets at end-September on the back of effective fund management, accounting adjustments and ...

Warsaw equity market close - 04/10/04 (Table).

Oct 04, 2004 ... Warsaw equity market close - 04/10/04 (Table) Warsaw. October 4. INTERFAX-EUROPE - The following table presents complete listings for the current day's continuous trading session on the Warsaw Stock Exchange. ...

Equity market overview 04/10/04 - Warsaw index posts historical high in heavy trade.

Oct 04, 2004 ... Equity market overview 04/10/04 - Warsaw index posts historical high in heavy trade Warsaw. October 4. INTERFAX-EUROPE - Following the positive sentiment on global markets, the Warsaw bourse's all-share WIG index reached a new historical high on Monday in high turnover fueled by ...

Equity market insider 04/10/04 - IT firms Ster-Projekt & Prokom; Warsaw Stock Exchange.

Oct 04, 2004 ... Equity market insider 04/10/04 - IT firms Ster-Projekt & Prokom; Warsaw Stock Exchange Warsaw. October 4. INTERFAX-EUROPE - Investors sold shares in Polish IT firm Ster-Projekt, after the company bought PLN 16 mln of shares in real-estate developer Prokom Investments. ...

Currency market overview 04/10/04 - Zloty tracks EUR/USD in quiet trade.

Oct 04, 2004 ... Currency market overview 04/10/04 - Zloty tracks EUR/USD in quiet trade Warsaw. October 4. INTERFAX-EUROPE - The Polish zloty weakened to the US dollar and strengthened slightly to the euro in quiet trading, as the dollar recovered some of the prior week's losses. After having ...

Interbank currency market quotations - 04/10/04 (Table).

Oct 04, 2004 ... Interbank currency market quotations - 04/10/04 (Table) Warsaw. October 4. INTERFAX-EUROPE - Following is a table with the current-day open and the current-day afternoon quotation on the interbank ...

UK-based Vodafone sticks to plan to up stake in #3 Polish mobile co. Polkomtel.

Oct 05, 2004 ... UK-based Vodafone sticks to plan to up stake in #3 Polish mobile co. Polkomtel Warsaw. October 5. INTERFAX-EUROPE - UK-based Vodafone, the world's biggest cellular operator, still wants to increase its stake in Polkomtel, the smallest of Poland's three mobile operators, as the ...

Polish BOS Bank, part of Swedish SEB, on track to hit PLN 37 mln net profit target.

Oct 05, 2004 ... Polish BOS Bank, part of Swedish SEB, on track to hit PLN 37 mln net profit target Warsaw. October 5. INTERFAX-EUROPE - Polish BOS Bank, co-owned by Nordic bank Skandinaviska Enskilda Banken (SEB) and the Polish Environmental Protection Fund, said it is on track to hitting its ...

Polish PM Belka: Polish tech sector will receive more EU funding than gov't pays in fees.

Oct 05, 2004 ... Polish PM Belka: Polish tech sector will receive more EU funding than gov't pays in fees Warsaw. October 5. INTERFAX-EUROPE - Polish Prime Minister Marek Belka says Poland will be a technology leader among European Union accession countries, as its technology researchers are ...

Polish press on 05/10/04 - Politics & Government.

Oct 05, 2004 ... Polish press on 05/10/04 - Politics & Government Warsaw. October 5. INTERFAX-EUROPE - Poland's Finance Ministry increased the subsidy paid into the country's social-insurance fund FUS to PLN 21.8 bln for 2004 after registering savings on the running of the state public debt. The ...

Polish press on 05/10/04 - Business & Economy.

Oct 05, 2004 ... Polish press on 05/10/04 - Business & Economy Warsaw. October 5. INTERFAX-EUROPE - Hungarian chemical concern BorsodChem was granted permission to debut on the Warsaw bourse by Poland's securities and exchange commission. The launch of the Budapest-listed firm's papers is ...

Equity market open 05/10/04 - Large-cap WIG20 and broad-market WIG widen opening gains.

Oct 05, 2004 ... Equity market open 05/10/04 - Large-cap WIG20 and broad-market WIG widen opening gains Warsaw. October 5. INTERFAX-EUROPE - The large-cap WIG20 and broad-market WIG indices widened opening gains in the first hour of trade as investor focus was firmly placed on gaining stocks ...

Currency market open 05/10/04 eIY Zloty seen stable ahead of PKO BP IPO.

Oct 05, 2004 ... Currency market open 05/10/04 eI Zloty seen stable ahead of PKO BP IPO Warsaw. October 5. INTERFAX-EUROPE eI The Polish zloty opened flat on Tuesday versus Monday's close and is seen near current levels as high zloty demand ahead of the November IPO of bank PKO BP is tempered ...

Currency market quotations 05/10/04 - open & fixing (Table).

Oct 05, 2004 ... Currency market quotations 05/10/04 - open & fixing (Table) Warsaw. October 5. INTERFAX-EUROPE - Following is a table with the prior-session close and the current-day open on the interbank ...

National Bank of Poland official currency rates - 05/10/04.

Oct 05, 2004 ... National Bank of Poland official currency rates - 05/10/04 Warsaw. October 5. INTERFAX-EUROPE - Following is a table containing the referential fixing rates for ...

National Bank of Poland official money market rates - 05/10/04.

Oct 05, 2004 ... National Bank of Poland official money market rates - 05/10/04 Warsaw. October 5. INTERFAX-EUROPE - Following is a table of official money market rates as set by the National Bank of Poland (NBP). The bank's Monetary Policy Council is scheduled to next sit to decide on the level ...

Poland's Parliament puts off decision on sale of largest state-owned publisher WSiP.

Oct 05, 2004 ... Poland's Parliament puts off decision on sale of largest state-owned publisher WSiP Warsaw. October 5. INTERFAX EUROPE - The privatization of Poland's leading textbook publisher is on hold after Poland's Parliament unexpectedly failed to approve a sell-off recommendation ...

Polish oil giant PKN Orlen steps closer to finalizing purchase of Czech refiner Unipetrol.

Oct 05, 2004 ... Polish oil giant PKN Orlen steps closer to finalizing purchase of Czech refiner Unipetrol Warsaw. October 5. INTERFAX EUROPE - Poland's top oil company, PKN Orlen, came a step closer to finalizing its purchase of Czech oil company Unipetrol, after a deadline for three ...

Polish builder Polimex Mostostal Siedlce confirms 21% revenue jump to PLN 1.5 bln for '04.

Oct 05, 2004 ... Polish builder Polimex Mostostal Siedlce confirms 21% revenue jump to PLN 1.5 bln for '04 Warsaw. October 5. INTERFAX-EUROPE - Listed construction firm Polimex Mostostal Siedlce (PMS) confirmed plans to reach PLN 1.5 bln in consolidated revenues in 2004, a 21% increase from PLN ...

Poland alternative telco Netia keeps FY guidance of PLN 900 mln revenue; EBITDA of 35%.

Oct 05, 2004 ... Poland alternative telco Netia keeps FY guidance of PLN 900 mln revenue; EBITDA of 35% Warsaw. October 5. INTERFAX-EUROPE - Poland's leading alternative telecom, Netia, upheld its full-year revenue guidance of PLN 900 mln and EBITDA (earnings before income tax, depreciation and ...

EU anti-monopoly vote on Poland's PKN Orlen oil Czech Unipetrol buy could drag into '05.

Oct 05, 2004 ... EU anti-monopoly vote on Poland's PKN Orlen oil Czech Unipetrol buy could drag into '05 Warsaw. October 5. INTERFAX EUROPE - Poland's leading oil company has not applied to the European Commission for approval of its acquisition of Czech oil company Unipetrol, which could put ...

Alternative telco Netia plans to enter Polish mobile market with world-leading partner.

Oct 05, 2004 ... Alternative telco Netia plans to enter Polish mobile market with world-leading partner Warsaw. October 5. INTERFAX-EUROPE - Poland's largest alternative telecom, Netia, plans to enter the Polish mobile market as its fourth operator in a partnership formed with one of the world's ...

Polish gas monopolist PGNiG slapped with PLN 41.4 mln fine by antimonopoly office.

Oct 05, 2004 ... Polish gas monopolist PGNiG slapped with PLN 41.4 mln fine by antimonopoly office Warsaw. October 5. INTERFAX-EUROPE - Poland's gas monopolist was fined PLN 41.4 mln by antimonopoly office UOKiK for abusing its dominant position on the market, UOKiK informed in a statement on ...

Polish telco Netia expects state to axe EUR 25 mln in fees soon, further EUR 90 mln later.

Oct 05, 2004 ... Polish telco Netia expects state to axe EUR 25 mln in fees soon, further EUR 90 mln later Warsaw. October 5. INTERFAX-EUROPE - Leading Polish alternative telecom Netia expects the Polish Infrastructure Ministry to "soon" waive EUR 25 mln of debt incurred by a rival, which the ...

Poland's gas monopolist PGNiG plans to select privatization advisor by early next week.

Oct 05, 2004 ... Poland's gas monopolist PGNiG plans to select privatization advisor by early next week Warsaw. October 5. INTERFAX-EUROPE - Polish gas monopolist PGNiG plans to select a privatization advisor yet this week or early next week, PGNiG President Marek Kossowski told reporters on ...

Warsaw equity market close - 05/10/04 (Table).

Oct 05, 2004 ... Warsaw equity market close - 05/10/04 (Table) Warsaw. October 5. INTERFAX-EUROPE - The following table presents complete listings for the current day's continuous trading session on the Warsaw Stock Exchange. ...