March 26, 2018 / 6:09 AM / a year ago

Poland - Factors to Watch Mar 26

Following are news stories, press reports and events to watch that may affect Poland's financial markets on Monday. ALL TIMES GMT (Poland: GMT + 1 hour):


The board of the Ostroleka power plant has asked utilities Energa and Enea to agree that a consortium of GE Power and Alstom construct a new unit at the plant for 5 billion zlotys ($1.46 billion), Energa and Enea said in statements.


Several investors are analysing financial data of the Polish supermarket chain Piotr i Pawel and may later express interest in buying the company, Rzeczpospolita daily reported, saying Portugal's Jeronimo Martins, the French firm Carrefour and ITM are among those looking at the data.


IT company Comarch SA expects its results to improve quarter by quarter in year-on-year terms, Chief Executive Officer Janusz Filipiak was quoted as saying by Rzeczpospolita. He also expects that wage pressure in the IT sector to weaken as wages in Comarch in Warsaw are higher that in its French unit in Grenoble.


Apartments prices should rise this year by 7 to 15 percent depending on the market, developer Robyg Chief Executive Officer Zbigniew Okonski told Rzeczpospolita.


Within three years 50,000 electric cars will hit Polish roads, Rafal Czyzewski, head of Greenway Polska, aa company that installs electric car chargers, told Rzeczpospolita.


Unions at mining group PGG are to hold last-chance talks with management on Monday regarding pay rises. Workers demand 10 percent pay rise and threaten to hold a street protest, Dziennik Gazeta Prawna daily said.


Poland's biggest charter flight career Enter Air plans to conduct a public share issue worth 60 million zloty to gather money for financing two Boeing aircraft, Puls Biznesu daily said.

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