Good times for Polish finances
9th July 2011
© Images_of_Money, flickr.com
The Warsaw Stock Exchange has evoked interest from foreign parties
The Warsaw Stock Exchange finished top in Europe during the second quarter with regards to the number of IPOs, underlining the positive state of the national economy.
According to a report by consulting firm PricewaterhouseCoopers, the second quarter saw the debut of 55 companies; 13 on the main market and 42 on NewConnect. In comparison, the same period of 2010 saw the emergence of only 25.
“The European stock markets have continued to feel a level of anxiety due to the poor economic situation of certain countries such as Greece,” said Tomasz Konieczny, a spokesman for PricewaterhouseCoopers. “This has been reflected in the increase number of reported accumulation plans.”
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