nowa sekcja
Banking
Millennium executives best-paid despite mediocre performance
Senior executives at Banco Comercial Portugues-controlled Bank Millennium earned a total of 31 million zloty, up 13 percent from last year, making them by far the best paid-banking managers in Poland. On average, each board member at Millennium, which reported earnings of 40 million zloty last year, received PLN 2.8 million ($737.000) for his services.
Steel industry
Stalexport falls on government claims
Shares of Stalexport steel trading group plunged 4.2 percent on Friday on news that the Polish government has a 73-million zloty claim against the company. Stalexport, which is due to join WIG20 blue-chip index later this month made a pledge to help repay outstanding debts of the now-bankrupt Huta Ostrowiec steel plant in the event of default back in...
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