Business, Investments properties in Poland
This is the following day since the middle of the last year when the indexes reached their maximum. The WIG20 ended up with 0,5 percent up and reached 2550 points.
Shares of PZU were of big interest and became 1,59 percent more expensive and cost up to 427 per share in the end of the day.
This is the highest rate in company’s history. Those investors who possess shares of the biggest Polish insurance company gained 46 percent since the beginning of the year.
What causes the growth? PZU had good financial results this year. During the third quarter the net profit grew up to 1,12 billions of PLN, mainly thanks to growing share prices at Warsaw exchange Stock and good valuation of the bonds.
PZU had three times bigger profits than a year ago. How?
In his blog, Sebastian Buczek wrote: “That was a difficult year for the investors. We started in a bad mood after the drop-off in September, 2011, and of course the first months did not please us much”. In addition he says that quite to the contrary the situation was in June, when Mario Draghi, the chief of EBC, took the initiative and the investors became more positive about the future of the euro area. Result? Since the beginning of the year, the WIG index, which covers shares of most registered companies at GPW, grew in one fourth.
Buczek summarizes: “From today’s perspective, it can even be said that what last year seemed to be a long term drop-off, was not indeed a drop-off, but rather an immensely strong correction, and to tell you the truth, what we can observe on the share markets sine more than 3,5 years is a long term growth.”
Wróć
During the Investor Gala organized by the Polish Investment and Trade Agency (PAIH), the Taiwan Electrical and Electronic Manufacturers’ Association (TEEMA) announced its decision to establish a Technology Park in Poland.
czytaj więcejThe Polish cosmetics industry is increasing its presence on the Italian market, highlighting the growing export potential of Polish beauty products. A significant share of Polish cosmetics exports goes to European Union markets, reflecting strong integration with the European cosmetics sector.
czytaj więcejTen Polish food producers participated in a business mission to Denmark organized by the Polish Investment and Trade Agency (PAIH). During the event, the companies held as many as 150 business meetings in a single day, creating concrete opportunities for export contracts with Danish partners.
czytaj więcejRepresentatives of Polish and Swedish business and institutions met during a Polish–Swedish Business Dinner to discuss the future of bilateral economic cooperation and identify new areas for joint development. The meeting brought together dozens of key companies from both countries, highlighting the growing importance of this partnership.
czytaj więcejRepresentatives of Poland and Jordan met at the headquarters of the Polska Agencja Inwestycji i Handlu (PAIH) in Warsaw to discuss opportunities for strengthening bilateral economic cooperation.
czytaj więcej