Since 1989, Poland has stood out among the former communist countries as the most successful reformer with the highest cumulative economic growth. It sailed through the global crisis and was the only European Union nation that didn’t experience a recession in 2009.
Kernel Holding SA and Astarta Holding NV, the biggest Ukrainian agricultural producers traded on the Warsaw Stock Exchange, slumped as violence escalated amid the country’s biggest political crisis in nine years.
The Warsaw Stock Exchange and the Vienna bourse are discussing a merger that would create a hub for equities trading and initial share offerings in central and eastern Europe, said three people familiar with the talks.
Polskie Koleje Panstwowe SA, the Polish state railway, seeks to raise as much as 1.6 billion zloty ($518 million) from the sale of its cargo unit in central Europe’s biggest initial public offering in almost a year.