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Top aide to Polish president appointed to board of state-owned insurer
Małgorzata Sadurksa, the former head of the Polish president’s office, has been appointed to the management board of state-owned insurer PZU.
Polish insurer PZU buys 32.8% stake in Bank Pekao
State-run insurer PZU said that it and the Polish Development Fund (PFR) on Wednesday finalized the purchase of a 32.8 percent stake in Poland-based Bank Pekao for PLN 10.6 billion.
KNF gives green light to PZU purchase of stake in Pekao
There are no grounds for opposition to state-run insurer PZU's purchase of a stake in Bank Pekao through the Polish Development Fund (PFR), the Polish Financial Supervision Authority (KNF) has said.
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polish development fund
Polish PZU insurer plans to axe almost 1,000 jobs
Poland's PZU, the largest insurer in the region, plans to lay off 956 staff as part of a major restructuring programme.
PZU shares rise on news of bank takeover
Polish insurer PZU's shares rose 4.4 percent on the Warsaw Stock Exchange on Thursday, following news that it had agreed to buy a 32.8 percent stake in Pekao SA bank.
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