“A chance for companies with FX options” – Rzeczpospolita, December 19th 2008
On December 19th 2008 Rzeczpospolita published an article “A chance for companies with options”. The excerpt from the article is presented below:
(more…)
“Does the negative valuation of options aggregate to PLN 10-11 billion?” – Parkiet, December 19th 2008
On December 19th 2008 Gazeta Giełdy Parkiet published an article “Does the negative valuation of options aggregate to PLN 10-11 billion?”. The excerpt from the article is presented below:
(more…)
“Speculation on options finishes Zloty off” – Gazeta Prawna i portal forsal.pl, December 18th 2008
On December 18th 2008 Forsal.pl published an article “Speculation on options finishes Zloty off”. Excerpts from the article are presented below:
(more…)
“A special fund for losses from options is needed” – Puls Biznesu, December 18th 2008
On December 18th 2008 Puls Biznesu published an article “A special fund for losses from options is needed”. Excerpts from the article are presented below:
(more…)
“Fidea: The Treasury should help companies limit losses transpiring from options” – Internet Securities Businesswire, December 18th 2008
On December 18th 2008 Internet Securities Businesswire agency published an article “Fidea: The Treasury should help companies limit losses transpiring from options”. Excerpt from the article is presented below:
(more…)
FIDEA advises companies which have been affected by losses from derivative transactions and hints that the Government establish special fund which will help systematically resolve financial problems of companies and banks connected with this issue
Companies that entered into unfavourable options should not wait passively. Financial loss can be minimized by such measures as i.a.: adjusting delivery date of contracts, optimal choice of financial instrument eliminating currency risk, agreeing a longer debt repayment schedule, partial write-off of financial indebtness, debt to equity swaps or negotiating particular financial terms with banks. Ministry of Economy should consider launching a special fund aiming at refinancing of losses transpiring from options – FIDEA Corporate Finance experts suggest.
(more…)
FIDEA helps ERBUD close derivative transactions limiting growing loss
On 21 November, 2008 ERBUD closed all outstanding derivative transactions with Bank Millennium suffering a total loss of PLN 47.450.000.
(more…)
KOFOLA-HOOP S.A. gains new shareholder – Polish Enterprise Fund
On 29 September, 2008 two shareholder-founders of HOOP S.A. (currently KOFOLA-HOOP S.A.), Dariusz Wojdyga and Marek Jutkiewicz, on one side and Polish Enterprise Fund VI (PEF) on the other, entered into a binding agreement based on which PEF will acquire, through a public tender offer, their shares constituting almost 30% of the share capital of KOFOLA-HOOP S.A.
(more…)
Kotlin and Elbro to enter Agros Nova capital group
On August 21st, 2008, Agros Nova, one of the leading Polish companies specialising in fruit and vegetable processing, signed an agreement to purchase two domestic companies operating in the food sector: Kotlin and Elbro from the Norwegian conglomerate Orkla Brands International.