Bloomberg News

Erste, Ciech, Jastrzebska, Tatry: Central Europe Equity Preview

April 17, 2012

The following is a list of companies whose shares may undergo unusual price changes in central European markets. Stock symbols are in parentheses after company names. Share prices are from the last close.

Poland’s WIG20 Index (WIG20) climbed less than 0.1 percent, the Czech PX Index (PX) fell 1.2 percent and Hungary’s BUX Index (BUX) rose 0.2 percent.

Ciech SA (CIE) : Poland’s Treasury Ministry will recommend Dariusz Krawczyk, former chief executive officer of Synthos SA, to become CEO of the Polish chemicals producer, Rzeczpospolita newspaper reported today, without saying where it got the information. Ciech advanced 0.8 percent to 17.23 zloty.

Erste Group Bank AG (EBS) : The eastern Europe’s second- biggest lender sees its results so far this year in line with expectations, Chief Executive Officer Andreas Treichl said in an Internet chat hosted by the lender yesterday. Erste retreated 2.3 percent to 384 koruna.

Jastrzebska Spolka Weglowa SA (JSW) : The European Union’s biggest coking-coal producer is not considering a takeover plan for Katowicki Holding Weglowy SA, the thermal coal mining company that the government wants to sell, Dziennik Gazeta Prawna reported today, citing Economy Minister Waldemar Pawlak. JSW gained 0.4 percent to 91.3 zloty.

Tatry Mountain Resorts AS (SKI6) (SKI6 SK): Shareholders of the Slovak ski resort operator will decide April 21 whether to cross-list the company’s Bratislava-traded shares on the Warsaw Stock Exchange, possibly in the autumn, Parkiet newspaper reported today, without saying where it got the information. The shares were unchanged at 44 euro.

To contact the reporter on this story: Piotr Bujnicki in Warsaw pbujnicki@bloomberg.net

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


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