|Poland's IPOPEMA Securities completed the acquisition of 100% of Credit Suisse Asset Management (Polska), the buyer said in a statement on its website. The Polish financial supervision authority cleared the acquisition in September. The approval of the competition watchdog was obtained in May. Following the transaction, IPOPEMA Group's new subsidiary will operate under the name IPOPEMA Asset Management. The new company manages assets of PLN 2.7bn.
The European Commission is referring Poland (and Cyprus) to the Court of Justice of the European Union for failing to fully transpose EU's Renewable Energy Directive, according to the ... more
The ZEW-Erste Group Bank Economic Sentiment Indicator for Poland (economic expectations) surged by 22.3pts m/m to 42.9pts in February, according to a report by the Center for European Economic ... more
When Poland joins the euro-zone, it will have to transfer EUR 5.47bn of its foreign-currency reserves to the European Central Bank, according to a statement by the ministry of finance. The ... more