October 13, 2016 / 6:41 AM / 2 years ago

Poland - Factors to Watch Oct 13

Following are news stories, press reports and events to watch that may affect Poland’s financial markets on Thursday. ALL TIMES GMT (Poland: GMT + 2 hours):


Polish Prime Minister Beata Szydlo to meet board member for production for Mercedes-Benz Cars, Markus Schaefer, at 0700 GMT on Thursday on Daimler’s new investment in Poland.

Daimler said in May it would invest around 500 million euros in a new engine factory in Poland.


Poland is unlikely to come up with a more restrictive bill to help the owners of costly Swiss franc mortgages after it softened loan conversion plans, due to uncertainty in the banking sector, PAP news agency quoted the country’s prime minister as saying.


Poland will offer France alternative investment projects after cancelling a multi-billion-dollar military helicopter deal with Airbus, PAP news agency quoted Polish Prime Minister as saying late on Wednesday.


Grupa Azoty, Poland’s biggest chemicals maker, said late on Wednesday that a decision by its Police division to write-off the value of its African assets will lower Azoty’s operating profit in the third quarter by 18 million zlotys ($4.71 million).

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

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