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Warsaw Business Journal

Saturday, February 5th, 2005

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PKN Orlen shuns PGNiG but keen on buying Grupa Lotos

The management of PKN Orlen announced the oil concern's strategy for 2005-09. Feb 4th | Read

>>>ABW raid BM in connection with PZU investigation

>>>BGK's giant share handout to shore up social role

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GE Money Bank's excellent 2004 result partly thanks to cashing in its reserves

GE Money Bank has published its 2004 results. The bank that emerged after the merger of GE Capital and GE Bank Mieszkaniowy posted net profits of zł.344 million, almost 134% more than both banks earned together in 2003. Feb 4th | Read


Prokom's president continues to enjoy his privileges despite Company Code

Prokom is the only company included in the WIG20 bourse index that does not comply with regulations set in the Code of Commercial Companies. Feb 4th | Read


Incentive storm

Concern is growing among investors over chemical firm Stomil Sanok's incentive program for its 14 top managers. Jan 31st | Read


Milking the Russian market

The EU says it will help Poland crack open the Russian dairy and sugar markets. Jan 31st | Read


Cofinoga begins to fulfill its ambitious expansion plans

Since February 1, Cofinoga, the third largest loan provider on the French market, is represented in Poland only by Sygma Bank Polska (SBP). Feb 4th | Read


As złoty reaches another high, analysts warn it is a bubble that may soon burst

The złoty to euro exchange rate dropped yesterday to zł.3.96 marking a two year high. Feb 4th | Read


Premier Polmos?

Spirits producer Polmos Lublin (PL), which will debut on the bourse later this week, plans to acquire the shares of Polmos Białystok in cooperation with a strategic investor. Jan 31st | Read


The MPC keeps quiet and so does the złoty

Over the last few days of January the złoty traded steady in a narrow range against the euro (4.04-4.08) and the dollar (3.0950-3.1450). Jan 31st | Read


 
 NBP mid-rates closure on Feb. 4
ZLOTY
  EUR
1
3.9851
  GBP
1
5.7839
  USD
1
3.0739
  Temperature
-7/-5 °C 
  Barometer
1024 hPa 
  Wind direction and speed
W at 6 km/h 
  Conditions
Cloudy 
 
 Friday, Feb. 4, 2005 closure
 MIDWIG
1,733.23 
0.99% 
 NIF
107.17 
0.14% 
 TECHWIG
660.93 
0.62% 
 WIG
26,638.88 
1.35% 
 WIG20
1,935.65 
1.30% 
 WIRR
4,864.72 
0.14% 
 Friday, Feb. 4, 2005
 CAC
3,958.01 
0.74% 
 DAX
4,339.28 
1.35% 
 DJIA
10,704.90 
1.06% 
 FTSE 100
4,941.50 
0.68% 
 NASDAQ
2,084.47 
1.30% 
 S&P; 500
1,201.40 
0.97% 

Tech Eye: DVD on the move

This is Sony's new portable DVD player, the MV-700HR. The funky design means that the screen faces out, not unlike some tablet laptops, which takes up less space. Jan 31st | Read


Wólczanka to focus on own network

Wólczanka, a WSE-listed men's apparel producer, ended last year in the black, in contrast to a net loss of almost E1.2 (zł.4.9) million in 2003. Jan 24th | Read


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