WIG, the general index of Polish stock market, needed to grow just 0.54 percent to achieve a new record and exceed 28,547 reached in February. However, it lost 0.2 percent. The reason was the depreciating currency, which at 10.00 a.m. sharp started it dive. Shares worth PLN 476m (EUR 118.5m) changed hands. Yesterday, when indices were growing, their worth amounted to PLN 730m.

WIG20 added 1.54 percent, much better than Western European indices which in average rose 0.5 percent. It will probably achieve its February levels soon – only 2.5 percent more and they will be reached. WIG, the general index, is much closer, it misses only 0.54 percent. Shares of blue chips worth PLN 730m (EUR 180.3m), or 75 percent more than yesterday, changed hands.

Warsaw (Puls Biznesu) – Stoen, Warsaw electric energy distributor controlled by German RWE, will have lower net income last year when it amounted to PLN 133m (EUR 32.8m). Jacek Koczywas, the member of Stoen board responsible for the network, said that it would be less than PLN 100m, while unofficial sources say it may be even PLN 70m.

Warsaw (Puls Biznesu) – Next Tuesday, the government will prepare ordinance aiming at subsidising investors. “The Ministry of Economy will prepare changes the system of financial subsidies for projects, including higher payments for investors. Today, it is EUR 1,000 for one job”, Jacek Piechota, the Minister of Economy said. He refused to say, how much the subsidy will rise.

Interesy potężnych firm, takich jak Nokia, Siemens i Philips zwyciężyły w czwartek wieczorem, gdy komisja prawna Parlamentu Europejskiego odrzuciła poprawki, które mogły ograniczyć ich pozycję na rynku patentów dotyczących oprogramowania - pisze we wtorek brytyjski dziennik "Financial Times".

Warsaw (Puls Biznesu) – PKN Orlen, Poland’s listed fuel giant, which at the breakthrough of May and June got control over Czech Unipetrol, has ambitious plans. ‘Unipetrol was just the beginning. Investment opportunities in Central Europe are not big, so we are considering other directions, including Southern and Eastern Europe.

Warsaw (Puls Biznesu) – On June 28th, the Cabinet will approve of the final strategy of Poland’s coal-coke giant. ‘The strategy provides for merging stakes in two coke plants: Zabrze and Walbrzych to JSW coal company’, Stanislaw Speczik, deputy Minister of Treasury said.

Warsaw (Puls Biznesu) – Poland’s border watch authorities Straz Graniczna cancelled the tender for IT border system. The tender was won by Atlas Elektronik/WPRT but there were several protests from rivals. They claimed that Atlas offer was full of mistakes. It wasn’t the cheapest one, either. Three cheaper offers were rejected, however.

Warsaw (Puls Biznesu) – Travelplante.pl, whose investor is venture capital fund MCI, will be the first internet trading company to be listed. The IPO is planned in July. First, the company will issue 154,320 to 370,370 shares. ‘We want to raise about PLN 6m (EUR 1.5m)’, Tomasz Moroz, Travelplanet.pl deputy CEO said. PLN 2m will be spent on acquisitions in Poland and abroad.

Warsaw (Puls Biznesu) – Rises in the stock market started today with the news that KGHM copper producer would pay out dividend four times higher than its management planned before. The company rose, and so did the giants of the Polish stock market, including PKN Orlen and TPSA. The WIG20 index ended the day at 2,011.39 points, or 1.53 percent higher.