News Parkiet

Equity markets

WSE may outperform regional bourses,

analysts say

Warsaw Stock Exchange will probably do better than other Central European bourses, London-based equity analysts told PARKIET yesterday. WSE may benefit from faster GNP growth, cheaper national currency and large and apparently undervalued banking sector, emerging market analysts said.

Public finances

Controversial changes in public health

care law

Sejm Health Care Commission of the Polish parliament outdid itself once again accepting revisions of a new law that lets NFZ public health care fund give away loans. Apparently NFZ activities are not to be restricted to cash-strapped hospitals and may include regular, commercial loans. Fund officials will also be able to buy stocks and other high-risk securities using public health care premiums.

Real estate

Apator to raise earnings forecasts

Polish maker of metering equipment Apator SA says it will publish a new earnings forecast after it sold a large commercial property in the city of Toruń to Denmark?s TK Development. Apator received over 22 million zloty for an empty lot that will be used as a site for new shopping mall there. It also got to keep 5 million zloty advance payment TK Development paid earlier.

Privatization

Socha expects up to 7 billion zloty

from PKO BP sale

Polish Treasury Ministry Jacek Socha is expecting between 6 and 7 billion zloty from the sale of 30 percent stake in PKO BP bank, the country?s biggest lender, double the initial government estimates of PLN 3 billion. ?The difference comes from valuation of PKO BP. If this valuation is too low, perhaps it would be better to call off the sale for some time?, Socha said in an interview with PARKIET.