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WIG20
The WIG20 is a capitalization-weighted stock market index of the twenty largest companies on the Warsaw Stock Exchange. WIG is an acronym for "Warszawski Indeks Giełdowy", which translates to Warsaw Stock Index in Polish. However, so that no sector would dominate the index, the rule was introduced that there can be a maximum of 5 companies per sector. In this way, for example, we have 5 banks in the index. Companies also have different shares in the index, with clear consequences. The all-time high of the index is 3,940.53 points, set during the intraday on 29 October 2007. Annual Returns The following table shows the annual development of the WIG20 since 1991. Composition 2020 * Alior Bank * Allegro * Bank Pekao * CCC * CD Projekt * Cyfrowy Polsat * Dino Polska * Grupa Lotos * Jastrzębska Spółka Węglowa * KGHM Polska Miedź * LPP * Orange Polska * PGE Polska Grupa Energetyczna * PGNiG * PKN Orlen * PKO BP * PZU * Mercator Medical * Santander Bank Polska * Tauron ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
LPP (company)
LPP S.A. - a Polish company whose activity comprises design, production and distribution of clothing. Owner of five recognizable fashion brands: Reserved, House, Cropp, Mohito and Sinsay whose offer is available today in stationary and online stores in nearly 40 markets worldwide. LPP's sales network consists of more than 1,700 stores with a total area of over 1.4m m2 located in 26 countries. The company currently employs over 24,000 people in its offices, distribution network and stores in Europe, Asia and Africa. In 2021, the company achieved record results, generating over PLN 14bn in revenue and PLN 954m in profits. LPP SA is listed on the Warsaw Stock Exchange as a part of the WIG20 index and belongs to the MSCI Poland index. History 1991-2000 In 1991 in Gdańsk, Marek Piechocki and Jerzy Lubianiec started their activity in the clothing industry. After four years, the company initially operating under the name of PH Mistral s.c. was transformed into LPP (abbreviatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Warsaw Stock Exchange
The Warsaw Stock Exchange (WSE), pl, Giełda Papierów Wartościowych w Warszawie, is a stock exchange in Warsaw, Poland. It has a market capitalization of PLN 1.05 trillion (EUR 232 billion; as of December 23, 2020). The WSE is a member of the Federation of European Securities Exchanges. On 17 December 2013, the WSE also joined the United Nations Sustainable Stock Exchanges (SSE) initiative. History Kingdom of Poland Warsaw became the capital and financial center of Poland in the early 17th century. In the Middle Ages other Polish towns, most of them members of the Hanse, were the leading economic centers of Poland. Merchants from western and southern Europe settled in Poland since the beginning of Polish statehood. They brought the system of organized exchange trading in securities, mostly bills and currencies, to Poland. The oldest Polish bill was issued in 1243 by the Cuyavien bishop Sambor. The main centers of securities tradings were at the lower Vistula, in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CD Projekt
CD Projekt S.A. () is a Polish video game developer, publisher and distributor based in Warsaw, founded in May 1994 by Marcin Iwiński and Michał Kiciński. Iwiński and Kiciński were video game retailers before they founded the company, which initially acted as a distributor of foreign video games for the domestic market. The department responsible for developing original games, CD Projekt Red (stylised as CD PROJEKT RED), best known for ''The Witcher'' series, was formed in 2002. In 2008, CD Projekt launched the digital distribution service Good Old Games, now known as GOG.com. The company began by translating major video-game releases into Polish, collaborating with Interplay Entertainment for two '' Baldur's Gate'' games. CD Projekt was working on the PC version of '' Baldur's Gate: Dark Alliance'' when Interplay experienced financial difficulties. The game was cancelled and the company decided to reuse the code for their own video game. It became ''The Witcher'', a vide ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alior Bank
Alior Bank SA is a large universal bank in Poland. It forms the 10th largest financial group in the country, with more than 6,000 employees as of end of 2015. History Founded in 2008 by an Italian group Carlo Tassara, the bank debuted on Warsaw Stock Exchange in 2012 with an offering valued at 2.1 billion Polish złoty, the highest in the exchange's history. In 2014, Alior's stock price became part of WIG20 index. In 2013, the bank attracted controversy when its deputy president mentioned that the bank considers collecting big data of its customers, pulling information from online social networks etc. Since 2015, the bank commenced a series of mergers and acquisitions, most notably acquiring Meritum Bank (2015) and Bank BPH (2016). In autumn 2014, Alior Bank purchased 97.9% of Meritum Bank. On 19 February 2015 the transaction was finished. On June 23, 2015, the Polish Financial Supervision Authority authorized the merger of Alior Bank S.A. and Meritum Bank ICB S.A. by t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PGE Polska Grupa Energetyczna
PGE Polska Grupa Energetyczna S.A. (PGE SA or PGE Group, the name can be translated as ''Polish Energy Group'') is a state-owned public power company and the largest power producing company in Poland. PGE is listed on the Warsaw Stock Exchange and is a constituent of the WIG30 index. The group is largely controlled by the Polish State Treasury who as of 9 July 2014 owns 58.39% of the public limited company. In addition to the activities of its core businesses of central and holdings companies in the generation and distribution of electricity, the group also trades electricity and other relevant products on the market. The total company revenue for 2015 was 28.542 billion złoty and the company made a net income loss of 3.032 billion złoty. In October 2020, PGE Polska Grupa Energetyczna published a new strategy by 2030 with a perspective by 2050 and a transformation plan aimed at achieving climate neutrality of the Group in 2050. The key directions of the PGE Group's development w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capitalization-weighted Index
A capitalization-weighted (or cap-weighted) index, also called a market-value-weighted index is a stock market index whose components are weighted according to the total market value of their outstanding shares. Every day an individual stock's price changes and thereby changes a stock index's value. The impact that individual stock's price change has on the index is proportional to the company's overall market value (the share price multiplied by the number of outstanding shares), in a capitalization-weighted index. In other types of indices, different ratios are used. For example, the AMEX Composite Index (XAX) had more than 800 component stocks. The weighting of each stock constantly shifted with changes in the stock's price and the number of shares outstanding. The index fluctuates in line with the price move of the stocks. Stock market indices are a type of economic index. Free-float weighting A common version of capitalization weighting is the ''free-float'' weighting. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tauron Polska
Tauron Polska Energia S.A. is an energy holding company in Poland. It is headquartered in Katowice. The company owns power and heat generation and distribution, and coal mining assets through a number of companies, particularly in south-western Poland. It is the second biggest company in terms of energy production in Poland. Tauron was established in December 2006 as Energetyka Południe. In 2007, the Ministry of State Treasury of Poland transferred to the company 85% of shares in Południowy Koncern Energetyczny, 85% of shares in Enion, 85% of shares in EnergiaPro, 85% of shares in Elektrownia Stalowa Wola, 95.5% of shares in Elektrociepłownia Tychy, and 95.66% stake in Przedsiębiorstwo Energetyki Cieplnej. As a result, the Tauron Group became one of the largest companies in Poland. Sponsorship The company was the official jersey sponsor of Poland's national basketball team at the 2015 EuroBasket. The company is also the strategic sponsor of Polish football club Raków Czę ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Santander Bank Polska
Santander Bank Polska SA, formerly Bank Zachodni WBK (BZ WBK) (eng. West WBK Bank - ''the WBK abbreviation below'') is a Polish universal bank based in Wrocław, Poznań and Warsaw. It is the third largest bank in Poland in terms of assets value and the number of outlets. It was formed in 2001 by the merger of Bank Zachodni S.A. and Wielkopolski Bank Kredytowy SA. Since 2011, the Bank has been owned by the Spanish bank Santander Group. On 4 January 2013, Bank Zachodni WBK merged with ''Kredyt Bank'' which Santander bought from its Belgian owners KBC Bank. This consolidated its Polish banking business and made Bank Zachodni WBK the third largest bank in Poland by market share. Bank Zachodni WBK has a network of ca. 1000 branches and provides services to 3.5m customers. On 10 September 2018, Bank Zachodni WBK changed its name to Santander Bank Polska SA. Also, the Bank's headquarters were moved from Wrocław to Warsaw. In 4th quarter of 2018 year, retail part of Deutsche Bank P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PKO BP
Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna (also known as ''PKO Bank Polski S.A.'', ''PKO BP S.A.'') is Poland's largest bank founded in 1919. It provides services to individual and business clients. The core business activity of PKO Bank Polski is retail banking. The full Polish name roughly translates to "General Savings Bank". Popularly, only the acronym "PKO" is used by clients. With 1,145 branches located in Poland and abroad and a market capitalization of Polish złoty, PLN 52 billion (EUR 12.6 billion equivalent) as of 2018, PKO BP Group is among the largest financial institutions in Poland and is also one of the largest financial groups in Central Europe, Central and Eastern Europe. History On February 7, 1919, by the order of the Naczelnik Państwa, Head of State Józef Piłsudski, the Postal Savings Bank was created. Its first director was appointed on December 28, 1919, Hubert Linde. For many years during the Second Polish Republic, Henryk Gruber was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PKN Orlen
Polski Koncern Naftowy Orlen Spółka Akcyjna (PKN Orlen S.A.), commonly known as Orlen, is a Polish oil refiner and petrol retailer. The corporation is a significant European publicly traded firm with major operations in Poland, Czech Republic, Slovakia, Germany, and the Baltic states as well as an operation in Canada. In February 2022, the Polish state was the first shareholder of the company with 27.52% of the shares. PKN Orlen is the fourth largest company in Central and Eastern Europe and is listed in global rankings such as ''Fortune'' Global 500, Platts TOP250 and Thompson Reuters TOP100. History Foundation (1999) The firm was created through the merger of two state-run petrochemical firms: C.P.N. (Centrala Produktów Naftowych), Communist Poland's petroleum retail monopoly and Petrochemia Płock, the state firm in charge of the oil refineries in Płock, the largest complex of its kind in Poland. After the merger of CPN and Petrochemia Płock in 1999, the company wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PGNiG
Polskie Górnictwo Naftowe i Gazownictwo S.A. ( en: Polish Oil Mining and Gas Extraction S.A.), abbreviated to PGNiG, is a Polish state-controlled oil and gas company, headquartered in Warsaw, Poland. The company has branches and representative offices in Russia, Pakistan, Belarus and Ukraine and holds equity interests in some 30 subsidiaries, including providers of specialist geophysical, drilling and well services. PGNiG is one of the largest companies in Poland, the largest Polish oil and gas exploration and production company and is listed on the Warsaw Stock Exchange. History Foundation and early history (1976–1995) PGNiG was established as a state-owned enterprise on September 1, 1982. The company is a successor of the Union of Oil and Gas Mining, which was created by a merger of the Polish Union of Gas Industry and the Oil Industry Union in 1976. Company development (1996–2012) In 1996, the company was transformed into a joint-stock company, owned by the sta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Orange Polska
Orange Polska (formerly Telekomunikacja Polska) is a Polish telecommunications provider established in December 1991. It is a public company traded on the Warsaw Stock Exchange, with a controlling stake owned by Orange S.A., the latter controlling over 50% of this stake by 2002. It operates the following services: PSTN, ISDN, GSM 900/1800 network, ADSL, IDSL, Frame Relay, ATM and Inmarsat. History The company was established in December 1991 as a joint stock company of the State Treasury, following the division of the communist era state-owned entity ''Polish Post, Telegraph and Telephone''. On January 1, 1992, the company was created under the name of 'TPSA'. The company changed its ownership structure in 1998 and began trading on the Warsaw Stock Exchange in 2000. In the same year, the Treasury sold a 35% stake in TPSA to a consortium of France Télécom and Kulczyk Holding, with the consortium increasing its stake by a further 12.5% in 2001. On 21 December 2007 compan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
