Poland – Factors to Watch Nov 17
Here are news stories, press reports and events to watch which may affect Poland’s financial markets on Monday. ALL TIMES GMT (Poland: GMT + 1 hour):
Poland’s main opposition party Law and Justice (PiS) received the largest share of votes in Sunday’s local government elections, winning with the ruling Civic Platform (PO) for the first time in 9 years, exit polls by polster Ipsos showed.
PiS got a 31.5-percent backing, while PO stood at 27.3. The government’s junior coalition partner Polish Peasants’ Party (PSL) came in third with 17 percent of votes.
The euro zone’s biggest lender, Spain’s Santander, might list its shares at the Warsaw bourse next month, Parkiet daily reported citing unnamed sources.
Santander, majority owner of Polish lender BZ WBK, agreed to list its shares at the bourse following BZ WBK’s purchase of Kredyt Bank from Belgian financial group KBC , daily reported.
The troubled Poland’s Kompania Weglowa (KW), the European Union’s (EU) largest coal miner, may next year return to its idea of issuing debt, daily Puls Biznesu cited KW’s chief executive as saying.
Poland’s largest gas distributor is testing 24 of its subsidiaries for a possible spin-off, daily Rzeczpospolita quoted the group’s spokeswoman as saying.
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