Following are news stories, press reports and events to watch that may affect Poland’s financial markets on Thursday. ALL TIMES GMT (Poland: GMT + 1 hour):
Poland’s statistics office is to release February employment and corporate sector wages data at 1300 GMT. The central bank will publish January current account at the same time.
Poland’s largest media group said on Thursday that its 2016 net profit stood at 1.041 billion zlotys ($259 mln) versus 0.97 billion seen in a Reuters poll of analysts.
Fertiliser producer Grupa Azoty estimated on Thursday that its 2016 net profit stood at 375 million zlotys.
Parkiet daily estimated that the planned IPO of Raiffeisen’s Polish unit may be worth several hundred million zlotys. As part of the public offering, the bank is to sell 15 percent of its shares.
According to Parkiet, 15 percent of shares are worth 950 million zlotys assuming a price equal to the bank’s book value, but a discount for low profitability and a large Swiss franc mortgages portfolio will likely be applied, Parkiet said.
****Reuters has not verified stories reported by Polish media and does not vouch for their accuracy.****
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