05 November 2010

POLAND: Warsaw's Bourse Setting The Pace In Central Europe.

BLOOMBERG/ By Pawel Kozlowski, Krystof Chamonikolas, Ladka Bauerova and Nandini Sukumar/
     Warsaw's stock exchange is surging while other central European bourses struggle.
    Last year it hosted $2.2 billion of initial public offerings, placing it third in Europe behind NYSE and London. It has added 21 companies this year and now lists 391 stocks. Warsaw's market cap has tripled in two years to $189 billion making it 50 percent bigger than Vienna, even after Vienna bought exchanges in Hungary, the Czech Republic, and Slovenia.
    CEO Ludwik Sobolewski (pictured) says: "We want to create a little London, attracting international listings and capital."