Polish WSE's new president to swiftly decide on cooperation with Vienna's CEESEG

By bne IntelliNews July 28, 2014

As the Warsaw Stock Exchange's (WSE) AGM approved of the bourse's 2013 financial statement, former vice-minister of treasury Pawel Tamborski has officially started his tenure as WSE's president. WSE's shareholders picked Tamborski for president nearly a month ago, but the Polish Financial Supervision Authority (KNF) cleared him to the post only a few days ago, making - as it stressed - extraordinary efforts to verify whether he was fit for the job in terms of legal requirements.

Tamborski declared that he would like to introduce new instruments and incentives for investors, but he plans to reveal the details only in a few weeks' time.

He also underlined that the issue of the possible cooperation with CEE Stock Exchange Group (which groups the Vienna, Prague, Budapest and Ljubljana stock exchanges) was among his top priorities. Tamborski declared that he wants decisions in this respect to be made as swiftly as possibly.

The talks with CEE Stock Exchange Group started last year and included the possibilities of capital links. Around 60% of volumes traded on CEE bourses goes through WSE and around 40% - through CEESEG.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Evolution Equity Partners closes $125mn cybersecurity-focused fund

Evolution Equity Partners announced on 17 July the final closing of a new fund with total capital commitments of $125mn to make investments in cybersecurity and next generation enterprise software ... more

Play Communications' Warsaw IPO price sets value at over PLN4bn

Play Communications, owner of second biggest Polish mobile operator P4, has set the price of its upcoming initial public offering (IPO) at PLN36 (€8.5) per share, putting the value ... more

Poland moves closer to buying Patriot missiles from US

Poland and the US have signed a memorandum that may pave the way to Warsaw buying Patriot surface-to-air missile interception systems from US company Raytheon, the Polish defence ministry said on ... more

Most Read

  1. Siemens considers quitting Russia
    6 days ago
  2. COMMENT: Gazprom’s exit from Turkey is a sign of the times
    7 days ago
  3. Turkey sends frigates, submarine as row mounts over Greek Cypriot oil, gas drilling
    7 days ago
  4. Nato still has a mixed reception in Emerging Europe
    6 days ago
  5. Wildfires hit Croatia and Montenegro’s Adriatic coast
    3 days ago
  1. CHINA RISING: When sleeping giants meet
    10 days ago
  2. Belarus’ retail king Euroopt goes on the road
    15 days ago
  3. Moldova, Bulgaria, Poland, Albania and Latvia to lose more than 40% of their populations by 2100
    28 days ago
  4. STOLYPIN: Russia’s cyber-challenge cuts both ways
    18 days ago
  5. Siemens considers quitting Russia
    6 days ago

Selected articles from our premium news/views wire IntelliNews Pro

Login to IntelliNews Pro
Get IntelliNews Pro

Reports

Dismiss