NWR, PZU, Tauron Polska Energia: Central European Equity Preview
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.
New World Resources Plc (NWR) : The biggest Czech coking- coal producer cut its planned investments this year in the Debiensko project to 5 million euro ($6.3 million) from 50 million euro and is seeking a local partner to help restart the Polish coal mine, Parkiet reported, without saying where it got the information. The shares advanced 0.5 percent to 102 koruna.
PZU SA (PZU) : Poland’s largest insurer is in talks with the European Bank for Reconstruction and Development on potential cooperation for investing in Polish private equities, Puls Biznesu reported, citing Lucyna Stanczak, the EBRD’s director for Poland. PZU gained 3.7 percent to 311 zloty.
Tauron Polska Energia SA (TPE) : Poland’s second-biggest power utility expects a one-year delay in the completion of a new coal-fired power unit at its Jaworzno plant to 2018, Chief Executive Officer Dariusz Lubera told Parkiet newspaper in a June 9 interview. The stock jumped 7.8 percent to 4.68 zloty.
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