Factor plans float
Eurofaktor, the country’s largest non-banking factoring company, has revealed plans to debut on the Warsaw bourse.
Eurofaktor, the country’s largest non-banking factoring company, has revealed plans to debut on the Warsaw bourse.
Franfinance Polska has changed its name to SG Equipment Leasing (Polska).
GMAC Commercial Finance Group has begun operations in the Polish market.
GMAC Commercial Finance is a new player in the Polish market of factoring services.
The company plans to conquer one-third of the Polish market within 3 years by strengthening its brand's market profile.
After three quarters, Huta Ferrum steelworks is to present satisfactory results, says Jan Waszczak, the company's president. However, the company suffers from a lack of operating capital.
According to the new UN Conference on Trade and Development (UNCTAD) report, "World Investment Report 2004: shift toward services," it appears that 2003 was the third consecutive year when a drop in global flows of FDI was recorded.
The Coface Group, as one of the worldwide leader in credit insurance, certifies Poland in an actual country rating as positive watchlisted rating in A4.
A Silesian factor is planning its debut on the Warsaw Stock Exchange (WSE).
The Monetary Policy Council (RPP) has increased interest rates by 50 basis points - twice as much as the market had anticipated.
State bank Bank Gospodarstwa Krajowego (BGK) is launching the EU Guarantee Fund (FPU) which will eventually have a capital of Zl800m - Zl900m and is aimed at facilitating absorption of EU funds by enterprises.