The Polish stock exchange is bent on becoming “the most important market in Central Europe”, with a strategy to “get Czech companies to borrow money on the Warsaw exchange”, reports Hospodářské Noviny. A “major campaign” is to be launched in early November targeting chiefly “small Czech companies”. Two Czech companies in the solar and biofuels sector that have been listed on the Polish share index since last year are to serve as examples, adds the Czech business daily.
Czechs are not as accustomed to investing in the stock market as Poles, notes Hospodářské Noviny. Nonetheless, Czech traders agree that the Warsaw market has “enormous potential”, even if it is up against a more powerful rival: the Vienna exchange, whose influence extends to the stock markets in Prague, Budapest and Ljubljana.
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