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Scandinavians express interest in Warsaw Stock Exchange

7th September 2004

An alliance of Scandinavian bourses has confirmed that it is still interested in purchasing the Warsaw Stock Exchange (GPW).

This would place Warsaw in a vital role at the center of the creation of a regional market, similar to the ones in Scandinavia or the Baltic States. Deputy president of the OMX alliance of Scandinavian bourses, Jukka Ruuska, said they might alter their own transaction system to conform with the Polish exchange. OMX owns bourses in Sweden, Finland, Lithuania, Latvia and Estonia. "I admit we keep contacts with OMX, as we do with other stock exchanges," commented GPW deputy president Piotr Szeliga. Szeliga said that the details of potential cooperation should be expected some time in the future. He added that the system used on the Warsaw floor is technologically advanced and does not require any changes. (Parkiet, p. 3) M.M
From Warsaw Business Journal

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