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http://www.weather.com/weather/local/PLXX0028
WSE MARKET SUMMARY

• Correction After A Long Rise - Monthly summary - 6.2009

June was a month with two faces on the WSE (and other stock markets around the world). The indices were rising in the first half of the month but ran into trouble in the latter half. There were probably different reasons why investors were selling stock, but the main reason seems obvious: the markets had been growing much too fast in the past months. Since oil and copper prices nearly doubled within four months while indices rose by 40–100 percent (WIG20 up by 65 percent) only because investors were hoping for the economy to improve (no one knows how much) by the end of the year, a correction was inevitable.
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INDUSTRY

ElektriMont

ElektriMont started business operations in 1987 with a contract for electrical wiring for the 46-storey LOT and Marriott Hotel complex in Warsaw.

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Stalprodukt S.A.

Stalprodukt S.A. is a leading manufacturer of highly-processed steel products like transformer steel, cold-formed profiles, road barriers and toroidal magnetic cores, and supplier of a broad range of other steel products. The company owes its good reputation and strong market position to its most precious capital – its employees.

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Crisis less painful for large players

“Looking back at the past 20 years, I think it has been a good time for construction. The Polish economy accelerated sharply and the number of investment projects and orders for construction companies increased,” Marek Michałowski, president of the Polish Association of Construction Industry Employers (PZPB), an organisation which brings together 100 companies, and President and General Director of Budimex SA, tells “Polish Market’s” Jerzy Bojanowicz.

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Armatura Kraków S.A. experiences positive transformation

Armatura Kraków S.A. is an eyewitness of Poland’s economic and political transformations. Its history goes back to the 1920s. Though its way to the market economy had many turns and bends. It today is successfully implementing a development programme consolidating its position of leader on the Polish market of sanitary fittings.

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Polimex –Mostostal

Polimex –Mostostal is a leader in the Polish engineering-construction market on which it operates as a general contractor.

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KGHM LETIA

KGHM LETIA started operating in July 2007. The company shareholders are KGHM Polska Miedż (Polish Copper) S.A. (85.45%), the Province Chairman’s Office of Dolnośląskie Province (14.51%) and Wrocław University of Technology (0.04%).

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Blachownia – modern chemical research

Founded almost sixty years ago, the Blachownia Institute of Heavy Organic Synthesis (ICSO) is today a fast-growing R&D centre working for organic chemistry. For the past decades Blachownia has been a reliable partner for domestic and foreign organizations seeking new and improved chemical production and sales solutions. Today Blachownia ranks among Poland’s top research units, best proof of which are the Institute’s numerous publications and patents, including:

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EMAG – Knowledge for industry

For over 30 years in Katowice – the city placed in mining heart of Poland specialists from EMAG Centre engineer and implement technologies which modernize the industry processes.

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