
News report of 05.09.2008
Poland Business Weekly
FINANCIAL & ECONOMIC NEWS
NEWS
Poland ready to send military, police on EU stabilization mission to Georgia
Polish Independence Day in November to be attended by at least 15 foreign heads of state
POLITICS
Polish foreign minister believes any exterritorial foreign prisons should remain state secret
Polish defense minister claims to have "no knowledge" of CIA prisons in Poland
PRESS: CIA prison in Poland returns to haunt former leading politicians
Polish president invites world leaders to upcoming "Great Presidents’ Ball
PRESS: Russia’s actions in Georgia violate Poland’s economic interests – Polish president
PRESS: Former Polish Justice Minister Ziobro gives up immunity under ruling party pressure
Polish Foreign Minister expects "manly talk" between Polish PM, Russian Foreign Minister Lavrov
Polish energy security to be based on coal, diversification, technology – Deputy PM Pawlak
Poles critical of EU resolution, less so of Polish resolution on Georgia
PRESS: EU no winner following Georgian crisis summit
Polish Parliament passes resolution condemning Russian actions in Georgia
Polish president satisfied with EU reaction to Russian intervention in Georgia
No secret CIA prisons in Poland – Foreign Minister Sikorski
PRESS: Polish SLD party, Czech CSSD to sign agreemtn to oppose U.S. anti-missile system
PRESS: EU condemns Russian actions in Gerogia, plans stronger cooperation with eastern states
Poland prepared for oil and gas disruptions, however unlikely – deputy PM
EU has cards to play in dealing with Russia over Georgian conflict – Polish FM Sikorski
Polish listed Austrian developer Warimpex to sell property at 5.5-6.5% yield
PRESS: Poles propose EU integration for eastern states as reaction to Georgian crisis
COMPANY NEWS
CHEMICALS
Polish chemical firm ZA Pulawy’s multi-billion investment plans may justify low dividend – analyst
Polish chemical firm ZA Pulawy could pay higher dividend than recommended PLN 82.2 mln
Polish copper producer KGHM consolidation to make company more efficient - analysts
REAL ESTATE
Polish developer Echo agrees with Budapest on HUF 1.7 bln public works ahead of mixed project
Polish Parliament to debate legislation extending commercial leases to maximum 30 years
Polish Grupa Buma to develop largest office complex in Poland’s Malopolska region
Degi/Aberdeen Property Investors acquire Polish Marynarska Business Park in EUR 167 mln deal
Developer Gant obtains PLN 74.6 mln in financing for Poznan residential
Chinese firms unlikely to ready Poland for Euro 2012 at cheaper rates than Polish firms
Polish listed developer Plaza Centers considers holding project sales in expectation of yield drop
ENERGY NEWS
OIL & PETROCHEMICALS
Polish No. 2 refiner Grupa Lotos finalizes 10% stake in North Sea oil production license
Polish fuel firm PKN Orlen’s Lithuanian refinery hopes to solve railway dispute in arbitration
Odessa-Brody-Gdansk pipeline needs 5 mln tonnes in transported oil to be profitable
GAS
Oil price decreases diminish Polish gas monopolist PGNiG’s chances gas price hike approval
Polish gas monopolist PGNiG’s shareholders to vote on sale of LNG terminal unit to State Treasury
Russian gas transport through Yamal pipeline in Poland restored after pipeline’s modernization
Increasing cooperation with chemical firms could be unprofitable for Polish gas monopolist PGNiG
COAL
Polish top coal miner KW’s revenues drop after accident, 2008 extraction target likely hit
Polish power production capacities must include CCS technology to improve energy security
Central European energy co. NWR sees stable output volumes in H2 2008, electricity costs rising
Polish domestic energy resources should be a key factor for state’s energy security – deputy PM
HEAT, POWER & SEWAGE
Poland may lack sufficient electric power supplies in 2008-2014, must count on imports - URE
Polish power sector firms to invest PLN 135 bln in improvement of electric power supply security
Swedish power producer Vattenfall to prepare schedule for new Polish power unit in October
Polish power group Enea sees up to 50% of new shares to be held by foreign investors
Polish largest power group PGE to prepare IPO prospectus in September, offer seen in Q1 2009
ALTERNATIVE ENERGY
PRESS: Polish investment fund CWP to develop Romanian energy projects totaling 900 MW
IT & TELECOMMUNICATIONS
LANDLINE/MOBILE TELECOMS
Polish TV operator Cyfrowy Polsat to start offering post-paid mobile phone services in September
EMERGING MARKETS NEWS HIGHLIGHTS
Russia proposes int’l police forces in security zone around South Ossetia
Russian Foreign Minister to visit Poland on September 11
No additional Russian troops sent to Poti area – Russian Foreign Ministry
Moscow rejects EU claims that intervention in Georgia was disproportionate
U.S. Vice President Cheney to visit Georgia, meet with Georgian President Saakashvili
Russian peacekeepers not to remain beyond South Ossetia, Abkhazia – Russia
Nb: This news report features only the headline of each news.
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