Bloomberg News

Polish Stocks: Trakcja-Tiltra, TVN Shares Move on Warsaw Bourse

December 20, 2011

Dec. 19 (Bloomberg) -- Poland’s WIG20 Index climbed 23.99, or 1.1 percent, to 2,140.02 at 10:47 a.m. in Warsaw, rising for the first time in four days.

The following are among the most active stocks on the Warsaw Stock Exchange today. Stock symbols follow company names.

Trakcja-Tiltra SA (TRK PW), Poland’s biggest publicly traded rail builder, slumped 15 percent to 0.93 zloty, heading for a record-low closing level. Bank Pekao SA and Raiffeisen Bank Polska SA demanded Trakcja’s units, Polidim SA and Silentio sp. z o.o., pay all loans with interest, according to a regulatory statement late on Dec. 16.

TVN SA (TVN PW), Poland’s biggest television network, rose 6.4 percent to 9.65 zloty, heading for the biggest advance in almost four months. Vivendi SA’s Canal Plus agreed to pay 230 million euros ($299 million) for 40 percent of N-Vision BV, the owner of TVN. As part of the deal, Canal Plus and TVN will merge their Polish satellite pay-TV businesses in a joint venture.

--Editors: Linda Shen, Chris Peterson

To contact the reporter on this story: Pawel Kozlowski in Warsaw pkozlowski@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net


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