Expats

Polish KGHM Will Likely Revise Guidance In Early Dec -CFO [Nov 10, 2011] WARSAW -(Dow Jones)- Polish state-controlled copper producer KGHM Polska Miedz SA (KGH.WA) will likely publish a revised forecast of its 2011 earnings in early December, Chief Financial Officer Maciej Tybura told reporters Thursday. [via YahooNews] More >>

Polish PGNiG Agrees To Increase Norwegian License Stake To 30% [Oct 25, 2011] WARSAW -(Dow Jones)- Polish natural gas utility PGNiG SA (PGN.WA) has increased 30% from 15% its stake in a license to explore and produce hydrocarbons on the Norwegian continental shelf, by agreeing to buy a 15% holding from Nexen Exploration Norde AS, the company said in a statement Tuesday. [via YahooNews] More >>

Polish Antitrust Regulator Clears PLN15.1 Billion Buy Of Polkomtel [Oct 24, 2011] WARSAW -(Dow Jones)- Poland's antitrust regulator UOKiK has approved the takeover of Polish mobile phone operator Polkomtel SA by a firm held by Polish businessman Zygmunt Solorz-Zak, it said Monday. [via YahooNews] More >>

Poland To Sell Foundry Coke Producer To JSW For PLN414 Million [Oct 06, 2011] WARSAW -(Dow Jones)- Polish coking coal producer Jastrzebska Spolka Weglowa SA (JSW.WA) has agreed to buy foundry coke maker Walbrzyskie Zaklady Koksownicze Victoria SA from the Polish government for 413.9 million zlotys ($125.8 million), the company and Poland's Treasury Ministry said in statements late Wednesday. [via YahooNews] More >>

Poland To Sell Foundry Coke Producer To JSW For PLN413 Million [Oct 06, 2011] WARSAW -(Dow Jones)- Polish coking coal producer Jastrzebska Spolka Weglowa SA (JSW.WA) has agreed to buy foundry coke maker Walbrzyskie Zaklady Koksownicze Victoria SA from the Polish government for 413.9 million zlotys ($125.8 million), the company and Poland's Treasury Ministry said in statements late Wednesday. [via YahooNews] More >>

Polish Lotos, Italy's Eni In Talks On Shale Partnership -Report [Oct 04, 2011] WARSAW -(Dow Jones)- Poland's second-largest refiner, Grupa Lotos SA (LTS.WA) is in talks with Eni SpA (E) to jointly explore for shale gas on the Polish company's off-shore Baltic Sea licenses, daily Dziennik Gazeta Prawna reports Tuesday, without citing a source. [via YahooNews] More >>

Polish Netia Agrees To Buy KGHM Phone Unit Dialog For PLN944 Million [Sep 30, 2011] WARSAW -(Dow Jones)- Polish copper miner KGHM Polska Miedz SA (KGH.WA) has agreed to sell its phone unit Telefonia Dialog SA to telecommunications company Netia SA (NET.WA) for 944 million zlotys ($289.6 million), the companies said in statements late Thursday. [via YahooNews] More >>

Poland Court Delays Trial Involving Former Philips Employees - Judge [Sep 29, 2011] WARSAW -(Dow Jones)- A court in southern Poland has delayed until Nov. 16 a trial in which some former employees of Royal Philips Electronics NV (PHG) are among defendants accused of bribing hospital directors, a judge at the district court of Katowice told Dow Jones Newswires on Thursday. [via YahooNews] More >>

CORRECT (9/12): Poland: No Need For EU-Wide Shale Gas Sector Regulation [Sep 24, 2011] WARSAW -(Dow Jones)- Exploration and production of hydrocarbons, including from unconventional sources such as shale gas, are sufficiently regulated and the possibility of pan-European Union regulation of this sector isn't provided for in the Lisbon Treaty, Poland's Foreign Affairs Ministry said in a statement Monday. [via YahooNews] More >>

Poland: No Need For EU-Wide Shale Gas Sector Regulation [Sep 12, 2011] WARSAW -(Dow Jones)- Exploration and production of hydrocarbons, including from unconventional sources such as shale gas, are sufficiently regulated and the possibility of pan-European Union regulation of this sector isn't provided for in the Lisbon Treaty, Poland's Treasury Ministry said in a statement Monday. [via YahooNews] More >>

PGE Gets Informal Offers Of Polish Shale Gas Deliveries In 3 Years [Sep 08, 2011] WARSAW -(Dow Jones)- Polish power utility PGE Polska Grupa Energetyczna SA (PGE.WA) has received informal offers from holders of shale concessions in Poland for commercial deliveries of natural gas as early as three years' time, PGE Chief Executive Tomasz Zadroga said Thursday. [via YahooNews] More >>

Poland's KGHM Raises 2011 Net Profit Forecast 16% [Sep 05, 2011] WARSAW -(Dow Jones)- Polish copper miner KGHM Polska Miedz SA (KGH.WA) has raised its 2011 net profit forecast 16% to 9.64 billion zlotys ($3.25 billion), the company said Monday. [via YahooNews] More >>

Poland KGHM CEO: No Threat To Sale Of Stakes In Polkomtel, Dialog [Aug 12, 2011] WARSAW -(Dow Jones)- Polish copper miner KGHM Polska Miedz SA's (KGH.WA) plans to sell stakes in mobile phone operator Polkomtel SA and phone unit Dialog SA aren't threatened by recent market volatility, Chief Executive Herbert Wirth said Friday. [via YahooNews] More >>

Poland's JSW Opens Up 3.5% In Warsaw Stock Exchange Debut [Jul 06, 2011] WARSAW -(Dow Jones)- Shares in Polish coking coal producer and coal miner Jastrzebska Spolka Weglowa SA jumped 3.5% at the open Wednesday, TVN CNBC reports, in the largest debut on the Warsaw Stock Exchange so far this year, and one of the largest initial public offerings in Europe this year. [via YahooNews] More >>

Poland's BGK To Finances PGNiG Purchase Of Drilling Rig [Jul 04, 2011] WARSAW -(Dow Jones)- Bank Gospodarstwa Krajowego, Poland's last fully state-owned bank, has agreed to lend 15 million euros ($21.75 million) to a subsidiary of Polish natural gas monopoly PGNiG SA (PGN.WA), for the purchase of a drilling rig and supporting equipment, the bank said in a statement Monday. [via YahooNews] More >>

Germany, Poland: Nord Stream Pipe Won't Block Polish Port Expansion [Jun 21, 2011] WARSAW -(Dow Jones)- The Nord Stream pipeline that will deliver natural gas from Russia to Germany under the Baltic Sea won't block development of a key Polish port, the German and Polish leaders said Tuesday as they sought to allay Polish public opinion mindful of German and Russian influence on its soil. [via YahooNews] More >>

Poland To Raise Up To $2.1 Billion In IPO Of Coalminer JSW [Jun 13, 2011] WARSAW -(Dow Jones)- Poland will raise up to 5.77 billion zlotys ($2.1 billion) in the initial public offering of its coalminer Jastrzebska Spolka Weglowa SA, or JSW, after setting the maximum price per share at PLN146, JSW said Monday in an appendix to its IPO prospectus. [via YahooNews] More >>

Poland KGHM May Increase Its Stake In Tauron Further [Mar 24, 2011] WARSAW -(Dow Jones)- Polish copper miner KGHM Polska Miedz SA (KGH.WA) may further raise its stake in power utility Tauron Polska Energia SA (TPE.WA), after it bought 71 million shares in an accelerated bookbuilding process earlier this week, Tauron said in a statement Thursday. [via YahooNews] More >>

Mid Europa Partners Buys Polish Convenience Store Chain Zabka [Feb 26, 2011] WARSAW -(Dow Jones)- Private equity firm Mid Europa Partners has acquired Polish convenience store chain Zabka Polska SA from rival Czech private equity firm Penta Investments, Penta said in a statement Friday. [via YahooNews] More >>

Poland State-Owned Bank BGK Places PLN2 Billion In 2-, 4-Year Bonds [Feb 11, 2011] WARSAW -(Dow Jones)- Poland's state-owned Bank Gospodarstwa Krajowego SA, or BGK, placed 2 billion zlotys ($694.5 million) in two- and four-year bonds, the bank said Friday. [via YahooNews] More >>