Bloomberg News

Polish Stocks: CEDC, Emperia Holding, Hydrobudowa Polska, JSW

July 09, 2012

Poland’s WIG20 Index (WIG20) declined 1.4 percent to 2,241.55 in Warsaw.

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

Central European Distribution Corp. (CDC) jumped 24 percent to 12.11 zloty after Russian billionaire Roustam Tariko confirmed interest in raising his stake in Poland’s second- largest vodka producer and Chief Executive Officer William Carey resigned.

Emperia Holding SA (EMP) , a Polish consumer-goods distributor, fell 8.4 percent to 46 zloty, the most since May 28, after abandoning plans to sell its retail arm.

Hydrobudowa Polska SA (HBP) , the Polish building company under court protection from creditors, slumped 15 percent to 0.17 zloty after Polski Bank Przedsiebiorczosci SA sold a 2.9 stake.

Jastrzebska Spolka Weglowa SA (JSW) fell 4.9 percent to 93.9 zloty as the management of the European Union’s biggest coking coal producer is meeting labor unions, which held a warning strike on July 6 over higher pay demands.

To contact the reporters on this story: Piotr Bujnicki in Warsaw at pbujnicki@bloomberg.net; Maciej Martewicz in Warsaw at mmartewicz@bloomberg.net

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


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