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Jun 21 2010, no 437

Highlights from this issue:

TOP STORIES
- Although acting president Bronislaw Komorowski has won the first round of presidential elections in Poland with 41% of votes, his main opponent Jaroslaw Kaczynski gained only five percentage points less. Since no candidate has earned absolute majority, a second round will be needed and the chances for both politicians to get Poland's top job seem almost equal. (Page 15)

- Poland's number one fruit and vegetable processor Agros Nova has a new owner. Two years after purchasing railway component maker Axtone, Nordic fund IK Investment Partners has added a second sector-leading company to its Polish portfolio. (Page 6)

- In a move well received by market experts, the parliament has elected former Prime Minister and top International Monetary Fund official Marek Belka as the governor of Poland's central bank NBP. A strong, independent central bank chief is what the country needs to keep its monetary policy under control. (Page 3)

MANUFACTURING
- Industrial output shoots up in May, bodes well for GDP
- Toys: LEGO wins Danish Success Story of the Year in Poland
- Automotive components: Polish Boryszew group to buy bankrupt Maflow group

FINANCE
- New NBP boss voted in, extends IMF credit line
- Visa and partners to spend millions on card promotion
- WSE enables short selling ahead of privatization

FOOD & AGRICULTURE
- Leading juice & jam maker goes Nordic with IK

PROPERTY & CONSTRUCTION
- Developers double the number of new projects

RETAIL & SERVICE
- Amway to open outsourcing center in Krakow
- Finnish F1 driver invests in Polish golf course
- Enterprise Investors buys stake in Dino chain

IT & MEDIA
- Polish card systems developer heading for WSE

TRANSPORT & LOGISTICS
- Fiat Panda leaves Tychy, Bielsko greets new engine
- Chinese port of Ningbo interested in Gdansk

ENERGY & ENVIRONMENT
- Wind energy sector growing but not without hurdles
- Lane Energy starts drilling for shale gas in Poland

POLITICS & ECONOMY
- Komorowski and Kaczynski very close, second round on 4 July to name the winner
- July to see Poland's first ever class action lawsuits?

KEY FIGURES
- Wages, real earnings, inflation, consumer price index, interest rates, industrial output, current account, GDP, currency, foreign trade, regional data, stock exchange, prices of key commodities, retail trade, money supply, net lending and key economic data forecast 2010- 2012.

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