Pawel Puchalski News
-
PGE SA, Poland’s biggest power utility, proposed to cut its dividend 53 percent as earnings slumped amid the country’s economic slowdown.
-
PGE SA, Poland’s largest utility, rose the most in almost nine months as Citigroup Inc. and Bank Zachodni WBK SA recommended buying its shares, saying investors’ concern about a possible dividend cut was overdone.
-
Tauron Polska Energia SA may be valued at about 12 billion zloty ($3.6 billion) as Poland plans to sell a majority stake in its second-largest power group in an initial public offering in Warsaw, Bank Zachodni WBK SA said.
-
Tauron Polska Energia SA, Poland’s second-largest utility, plans to cut 3,180 jobs and save 864 million zloty ($280 million) through 2015 after electricity prices slumped on the country’s economic slowdown.
-
Jastrzebska Spolka Weglowa SA said first-quarter profit jumped fourfold as the European Union’s largest coking coal producer benefits from rising prices before its Warsaw share sale, planned for next month.
-
Deutsche Telekom AG , which agreed to sell its T-Mobile USA wireless unit for $39 billion in March, may acquire fixed-line assets in European markets such as Poland to help stem customer defections in the region.
-
Telekomunikacja Polska SA , Poland’s largest phone company, said profit fell more than analysts forecast on lower sales, higher amortization and weaker-than- expected mobile phone earnings.
-
Tauron Polska Energia SA, Poland’s second-largest utility, declined the most in almost two weeks as profit from power distribution shrank.
-
Billionaire Zygmunt Solorz-Zak agreed to buy Polkomtel SA, Poland’s second-largest mobile-phone company, for 15.1 billion zloty ($5.5 billion) in a record acquisition by a Polish investor.
-
PGE SA, Poland’s largest utility, will go ahead with its 9.4 billion-zloty ($3 billion) project to build a power plant in Opole after a court lifted the ban on its biggest investment yesterday.
|
|
Most Popular on Bloomberg
|
| |