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Cycle producer Kross to expand in Europe following IPO
The largest domestic bicycle producer Kross is to list its shares on the Warsaw Stock Exchange this fall, and submit its issue prospectus to the Securities and Stock Exchange Commission in September. Jun 15th | Read
Jump in inflation is likely to translate into interest rate hike
In May inflation amounted to 3.4% and according to analysts, this will encourage the Monetary Policy Council (RPP) to increase interest rates by anything between 25 to 75 base points. Jun 15th | Read
Naftobazy may end up going public by the end of the year
The management board Nafta Polska wants to float the largest domestic fuel logistics company Naftobazy on the bourse, an option which is very much supported by Naftobazy itself. Jun 15th | Read
Drug firm corruption
 The news of mass corruption charges against staff at GlaxoSmithKline's (GSK) Italian subsidiary two weeks ago caused a furor in this country's national media. Jun 14th | Read
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Mlekovita's booming sales may force it to soon expand production
Mlekovita plans to boost its sales by 50% to reach zł.1.3 billion in 2004, which should allow it to catch up with the market leader Mlekpol both in terms of revenues and profitability. Jun 15th | Read
Polish ADB to enter bourse, but not the Warsaw Stock Exchange
ADB, a producer and supplier of digital equipment and technology which is rather known abroad than in Poland, plans to enter a foreign bourse at the end of 2004 in order to expand on new markets. Jun 15th | Read
LPR in jubilant mood and sets its sights on Sejm following EU election
Following the unexpectedly high support for the Polish Families League (LPR) in the elections to the European Parliament, which surprised even party members, LPR leader, Roman Giertych is preparing to fight for more. Jun 15th | Read
SMEs seduce Citibank
Citibank Handlowy is looking to tap into the lucrative market of small- and medium-sized enterprises (SMEs) with a new offer targeted specifically at this fast-growing segment of the market. Jun 14th | Read
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