Raiffeisen eyes acquisitions in Poland-magazine

July 25 (Reuters) – Raiffeisen International (RIBH.VI) is eyeing Poland as a place for potential acquisitions, Chief Executive Herbert Stepic told Germany weekly magazine Wirtschaftswoche.

Raiffeisen only expands into markets where it can gain significant market share and strengthen its positioning, Stepic told the magazine.

“Poland is without a doubt a market where this is the case,” Stepic was quoted as saying in an advance copy of the magazine’s Monday edition. (Reporting by Edward Taylor; editing by Karen Foster)

PGNIG eyes eurobond issue worth up to 1.2 bln euros

June 29 (Reuters) – Poland’s gas monopoly PGNIG PGNI.WA plans to issue euro-bonds worth up to 1.2 billion euros ($1.48 billion), the company’s Deputy Chief Executive Slawomir Hinc was quoted on Tuesday as saying by daily Parkiet.

“We want to be ready with the programme of issuing these bonds in the fourth quarter. The sale itself can be conducted a little bit later, that is in the first quarter of 2011,” he also said in an interview. (Writing by Gabriela Baczynska; Editing by Mike Nesbit) ($1=.8103 euros)

Poland sets Tauron IPO value at $1.3 bln, near bottom

June 22 (Reuters) – Poland set the issue price of its No.2 utility Tauron at 0.57 zlotys per share, near the bottom of its earlier range, to value the initial public offer at 4.2 billion zlotys ($1.3 billion) zlotys.

Utilities

The treasury ministry said in a statement on Tuesday it also had raised the stake for individual investors to 25 percent of the offer.

The report confirms an earlier report by Reuters. (Reporting by Patryk Wasilewski)

Polish c.bank head sees zloty strengthening-report

June 15 (Reuters) – Poland’s newly appointed central bank governor Marek Belka expects the zloty EURPLN= to strengthen driven by a recovering economy and its convergence with the European Union, Belka was quoted by Rzeczpospolita daily on Tuesday.

Belka added a longer term weakness of the zloty could fuel a rise in inflation. (Reporting by Patryk Wasilewski)

PKO could pay higher dividend-treasury minister

Poland, June 2 (Reuters) – Poland’s top bank PKO BP (PKOB.WA) may be able to pay a dividend above the 1 billion zlotys proposed by the management, Treasury Minister Aleksander Grad said on Wednesday.

Financials

Poland, which controls 51 percent of PKO, relies on dividend payouts from state companies to help plug a gaping budget hole and had pressed some companies to hand back more cash to shareholders than proposed by their managements.

PKO has a shareholder meeting on June 25. (Reporting by Agnieszka Barteczko)

Poland confirms max Tauron IPO price at $1.5 bln

June 2 (Reuters) – Poland set a maximum price for the initial public offer of its No.2 utility Tauron at 0.70 zlotys per share, valuing the flotation at 5.2 billion zlotys ($1.5 billion), Treasury Minister Aleksander Grad said on Wednesday.

Utilities

The minister thus confirmed earlier Reuters reports. (Reporting by Agnieszka Barteczko, Patryk Wasilewski and Maciej Onoszko; writing by Chris Borowski)

Polish utility PGE joins race for rival Energa

June 1 (Reuters) – Poland’s top utility PGE (PGEP.WA) joined the race for smaller state-owned sybling Energa, saying on Tuesday it would bid for an 83-percent stake.

Utilities

Earlier on Tuesday Czech utility CEZ (CEZPsp.PR) and Polish mogul Jan Kulczyk said they also had filed preliminary bids for the utility. (Reporting by Patryk Wasilewski)

Polish acting president backs 2014-2016 euro entry

Poland, May 31 (Reuters) – Poland’s new head of state should back government moves to adopt the euro between 2014 and 2016, the country’s acting president, Bronislaw Komorowski, said on Monday.

“The government has declared its readiness to act in a way that would enable euro zone entry between 2014 and 2016. The duty of state institutions, the parliament and the next president is to back this drive,” Komorowski told an economic forum in the southern Polish city of Katowice.

(Reporting by Agnieszka Barteczko and Pawel Sobczak, writing by Gabriela Baczynska; editing by John Stonestreet)

French Open men’s singles first round results

REUTERS – French Open men’s singles first round results from Paris on Sunday (prefix denotes seeding, * new result).

* 5-Robin Soederling (Sweden) beat Laurent Recouderc (France) 6-0 6-2 6-3

11-Mikhail Youzhny (Russia) beat Michal Przysiezny (Poland) 6-1 6-0 6-4

Thiemo de Bakker (Netherlands) beat Olivier Patience (France) 6-4 5-7 6-4 6-3

Alejandro Falla (Colombia) beat Janko Tipsarevic (Serbia) 6-1 6-2 6-3

10-Marin Cilic (Croatia) beat Ricardo Mello (Brazil) 6-1 3-6 6-3 6-1

(Compiled by Infostrada Sports; Editing by Toby Davis)

Harry Potter’s Tom Felton recalls Auschwitz trip as ‘mentally painful’

London, May 13 (ANI): Harry Potter star Tom Felton paid an emotional visit to Nazi death camp Auschwitz – calling the trip “mentally painful”.

The actor travelled to the site of the former concentration camp in Poland on Tuesday, the deathbed of 1.1 million people died in World War II.

He says that despite the ‘hard’ experience, his fans must visit the site to witness the true horror of Nazi tyranny.

“I went to Poland yesterday, went to Auschwitz, it was a very hard and mentally painful day, however I”m so happy I”ve been and seen all the camps. I”m completely aware of what went on only a generation ago. I recommend everyone to go, it”s something we should all see,” The Daily Star quoted the star as saying on his Twitter blog. (ANI)

Obama plays golf eight times more than Bush

London, April 20(ANI): US President Barack Obama’s love for golf seems to exceed his predecessor George Bush’s fascination with the game.

Obama has played golf 32 times since he took office, which is apparently eight times more than Bush did in his entire presidency.

After his trip to Krakow for the funeral of Lech Kaczynski got cancelled due to flying bans over Europe, the US president immediately headed to the course, reports the Telegraph.

Meanwhile, the Warsaw Business Post in Poland carried a headline that read: “Obama goes golfing instead of attending Kaczynskis” funeral”.

Bush was often criticized for playing golf during his tenure.

However, he had ultimately decided to quit.

He ha said in 2008: “I don”t want to some mom whose son may have recently died to see the commander-in-chief playing golf… And I think playing golf during a war just sends the wrong signal.” (ANI)

Polish cbank acting chief urges speedy naming of new governor

WARSAW, April 14 (Reuters) – Poland should name the new head of its central bank without unnecessary delays, the bank’s acting governor, Piotr Wiesiolek, was quoted on Wednesday as saying.

“The current state of the economy and the central bank’s forecasts of its growth, as well as the observed trend of inflation, signal there is no need — in my view — for a rate reaction of the MPC in the nearest time,” Wiesiolek also told Rzeczpospolita daily in an interview. (Writing by Gabriela Baczynska)

Polish zloty down vs euro, up on dollar after plane disaster

WARSAW, April 12 (Reuters) – The Polish zloty slipped against the euro PLNEUR=, but gained versus the dollar PLN= in early Monday trade, following wider market trends and proving mostly resistant to a weekend plane crash which killed the country’s president and a raft of other top ranking officials.

By 0552 GMT, the zloty fell 0.4 percent to the euro from Friday’s close and rose 1.2 percent versus the greenback, which suffered after euro zone finance ministers approved an aid plan for debt-stricken Greece.

Poland’s President Lech Kaczynski and central bank governor Slawomir Skrzypek perished on Saturday along with many of Poland’s top politicians and military officials when their plane crashed short of the runway in western Russia. (Reporting by Chris Borowski)

PGE 2010 net to jump tens of pct if sells stakes

WARSAW, April 12 (Reuters) – Net profit at Poland’s top power group PGE PGEP.WA may jump by tens of percent if it sells stakes in subsidiaries like telecoms Polkomtel and Exatel, its chief financial officer was quoted as saying on Monday.

Utilities

The company said earlier it would have a difficult time this year reaching the net profit of 3.4 billion zlotys ($1.2 billion) it earned in 2009. [ID:nWSF008821] (Reporting by Patryk Wasilewski; Editing by Mike Nesbit) ($1=2.875 Zloty)

Polish zloty gains worrisome, may harm growth-finmin

WARSAW, April 9 (Reuters) – Strengthening of Poland’s zloty is a concern because it may threaten economic growth, deputy Finance Minister Dominik Radziwill told Reuters on Friday.

“Should the zloty strengthen too quickly it could threaten dynamic economic expansion,” Radziwill said.

The deputy added that the government hoped for close cooperation on the zloty issue with the central bank. EURPLN= (Reporting by Pawel Sobczak writing by Patryk Wasilewski; Editing by Ruth Pitchford)

Polish zloty will not gain to 3.6/EUR-cbanker

WARSAW, April 9 (Reuters) – Poland’s central bank deputy governor Witold Kozinski said on Friday he did not expect the zloty to gain to 3.6 units per euro.

“I can’t imagine that the zloty would reach 3.60 (zlotys) per euro,” Kozinski told TVN CNBC.

At 0525 the euro traded at 3.8470 zlotys. (Reporting by Kuba Jaworowski; Editing by Clarence Fernandez)

IMF says Poland right to delay euro adoption-paper

WARSAW, March 29 (Reuters) – Poland was right to put off swapping its currency for the euro because the move gave it the flexibility to absorb the effects of the global crisis, the head of the IMF was quoted on Monday as saying.

“The Polish government’s decision to delay the euro adoption is correct right now,” the International Monetary Fund’s Dominique Strauss-Kahn told the Gazeta Wyborcza newspaper ahead of his visit to Poland on Monday.

“Poland should still set the adoption of the euro as its goal,” he said. (Reporting by Chris Borowski; Editing by Tomasz Janowski)

Motor racing-Button wins Australian Grand Prix for McLaren

MELBOURNE, March 28 (Reuters) – Britain’s Formula One world champion Jenson Button won the Australian Grand Prix for McLaren on Sunday.

Poland’s Robert Kubica finished second for Renault with Brazilian Felipe Massa third for Ferrari. (Editing by John O’Brien; To query on this story email sportsfeedback@thomsonreuters.com)

Men jailed over Auschwitz theft

Three Polish men have been sentenced to jail for stealing the infamous sign that hangs above the gate of the Auschwitz concentration camp.

The sign was stolen last December.

The five-metre metal German inscription, which reads ‘Work sets you free’, has long symbolised the horror of the camp where more than one million Jews were killed in World War II.

Three men have been sentenced to up to 2.5 years in jail for the theft, while two others have yet to be tried for their role.

One of them, a Swedish former neo-Nazi leader, is due to be extradited to Poland.

The Auschwitz museum made a copy of the sign after the theft so it may not risk placing the original back above the gate.

Capello wants Beckham for England’s World Cup camp in South Africa

London, Mar 16(ANI): England manager Fabio Capello has told injured midfielder David Beckham that he can still be with the team for this summer’s World Cup in South Africa.

Capello has told Beckham that he is welcome to be a guest during the England camp in Rustenburg, as he believes the midfielder can have a positive influence on his World Cup squad by being around.

Beckham is out of the tournament after rupturing his left Achilles tendon during AC Milan’s Serie A game against Chievo at the San Siro on Sunday.

The 34-year-old had a successful two-hour operation in Finland on Monday, but he is not expected to play before September.

Capello also suggested that Beckham could recover in time to participate fully in the European Championship qualifying campaign, which will begin in September.

Beckham will be 37 by the time the tournament in Poland and Ukraine comes around in the summer of 2012, but the incentive of playing for England again has been spelt out to him as he begins his rehabilitation.

Doctors are optimistic that he can make a full recovery, and certain media reports have suggested that the setback will not force Beckham into retirement.

“David will play football again. There is no doubt in his mind about that. He is devastated he”ll miss the World Cup, but this isn”t the end of his career,” The Sun quoted a close friend, as saying.

Beckham will spend a couple of days in Finland before flying to London, where he will stay for around a week before his departure for Los Angeles. (ANI)