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A Raft Of Stock Market Listings Ahead…
Poland has a strong Initial Public Offering (IPO) pipeline over the coming months, which should have a beneficial impact upon the country's macroeconomic climate. The government is planning to privatise two state-owned firms: the largest bank in CEE, PKO BP, and educational publisher WSiP this year. Next year, energy firms Lotos and PGNiG are scheduled to be sold-off. This should allow the government to meet its privatisation revenues targets - set this year at US$2.5bn - which will in turn make it easier for the administration to meet its budget deficit projections.
Moreover, inflows from foreign investors should help to underpin the zloty's
bull run against the euro. |
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