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Poland - Factors to Watch October 30

By Reuters News

WARSAW, Oct 30 - The following are significant news stories, press reports and events on Friday. ALL TIMES GMT (Poland: GMT + 1 hour):


DATA

On Friday, the statistical office will release data on inflation in Poland for October, which, according to analysts' estimates, slowed down to 3.7% year-on-year from 4.1% in September.


GAS PRICES

Finance Minister Andrzej Domanski said on Thursday that the government is working on measures to protect households from a significant increase in energy bills, and that solutions concerning the gas market will be presented later in November, the PAP news agency reported.


US TROOPS IN POLAND

There are around 6,000-7,000 American soldiers in Poland currently, Dariusz Lukowski, director at the Polish Defence Ministry, told Rzeczpospolita daily, adding that Warsaw is waiting for the final decision on a permanent presence of around 5,000 troops.

He said that the base would cost around 3 billion zlotys ($763.36 million), while additional funds would be needed for infrastructure like flats, schools and a hospital for soldiers and their families.


CYFROWY POLSAT CPS.WA

Polish media and telecoms group Cyfrowy Polsat CPS.WA said on Thursday it planned to sell its energy and real estate assets to focus on its core business, a strategy it warned would hurt near-term profits, sending its shares falling 15%.


ING BANK SLASKI INGP.WA

Polish lender ING Bank Slaski INGP.WA reported on Thursday a third-quarter net profit above market forecasts, as double-digit growth in core income and lower risk provisions offset a higher tax bill.


****Reuters has not verified stories reported by Polish media and does not vouch for their accuracy.****


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($1 = 3.9300 zlotys)

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