Poland - Factors to Watch June 8
Following are news stories, press reports and events to watch that may affect Poland's financial markets on Monday. ALL TIMES GMT (Poland: GMT + 2 hours):
BOGDANKA
Some shareholders in Polish miner Bogdanka are planning to ask the company to pay out a higher dividend than the 3 zlotys per share proposed by the management, sources familiar with the situation said.
SHALE GAS
ConocoPhillips, the U.S. energy company, said on Friday it has stopped its shale gas exploration in Poland due to unsatisfactory results, leaving the rest of the field to Polish state-run firms.
PKP CARGO
Poland's PKP Cargo, the European Union's second-biggest rail cargo operator, is looking to buy Unipetrol Dobrava, the freight unit of Czech oil refiner Unipetrol, daily Parkiet reported on Saturday.
ELECTIONS
A still-unnamed party led by a former rock musician Pawel Kukiz leads in an opinion poll by IBRiS pollster ahead of autumn general elections, the Rzeczpospolita daily reported on Monday. Kukiz party has 24.2-percent support, while its potential coalition partner Law and Justice has 24 percent.
MINIMAL WAGE
The Polish government will propose at Tuesday's sitting increasing the minimal wage to 1,850 zlotys ($494.5) as of 2016 from 1,750 zlotys this year, the Rzeczpospolita reported.
PLAY
Poland's No. 4 mobile operator P4, that operates under the Play brand, may start cooperation with one of the cash loan firms, as its shareholder, Scandinavian Tollerton fund, is planning to buy one of them, the Dziennik Gazeta Prawna daily reported on Monday.
LPP
Poland's No.1 clothing retailer LPP deputy head told Gazeta Wyborcza daily that the company is considering opening its shops in Austria and France, after it debuted in Germany last year.
****Reuters has not verified these stories and does not vouch for their accuracy.****
For other related news, double click on: Polish equities E.Europe equities Polish money Polish debt Eastern Europe All emerging markets Hot stocks Stock markets Market debt news Forex news For real-time index quotes, double click on: Warsaw WIG20 Budapest BUX Prague PX ($1 = 3.7411 zlotys) (Editing by Prateek Chatterjee)
