off-the-wire

Poland - Factors to Watch March 24

Kitco Media
By Reuters
Published:
Updated:
Reuters
WARSAW, March 24 - The following are news stories, press reports and events that may affect Poland's financial markets on Monday. ALL TIMES GMT (Poland: GMT + 1 hours):
CREDIT SUISSE LAYOFFS


The merger between Credit Suisse and UBS could mean that some of the staff at service centres in Krakow, Wroclaw and Warsaw will lose their jobs. UBS employs about five thousand people in Poland, while Credit Suisse almost 5.6 thousand, Puls Biznesu reports.


ENERGY PRICES


Research conducted by Dun & Bradstreet in 18 countries shows that 60% of companies in Poland consider expensive energy a threat to their operations, Rzeczpospolita reports.


JERONIMO MARTINS Inflation is boosting sales at Biedronka, but margins are under significant pressure. The Portuguese owner of the store chain is considering expanding into Romania, Czechia and Slovakia, Puls Biznesu reports.



****Reuters has not verified stories reported by Polish media and does not vouch for their accuracy.****


For other related news, double click on: Polish equities E.Europe equities Polish money Polish debt Eastern Europe All emerging markets Hot stocks Stock markets Market debt news Forex news For real-time index quotes, double click on: Warsaw WIG20 Budapest BUX Prague PX (Reporting by Warsaw Bureau)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.