Elektrim's advance buoys Poland's stock market

Article Abstract:

Following Elektrim, a large Polish energy and telecommunications conglomerate, emerging-market stocks surged and the WIG index rose 2.7%. Similarily, most Hungarian and Polish stocks also increased in value.

Communications, Broadcasting and Telecommunications, Czech Republic, Hungary, Statistical Data Included, Telecommunications services industry, Telecommunications industry, Brief Article

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Elektrim unable to make bond redemption payment

Article Abstract:

Elektrim S.A. announced that it will not be able to carry out payments for convertible bond redemptions. The company must make payments of $479 million to the bondholders.

Convertible bonds

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Verbund and E.On form joint venture in hydroelectricity

Article Abstract:

Verbund AG has formed a hydroelectricity joint-venture with E.On AG. The new joint-venture will be called European Hydro Power GmbH.

Austria, Germany, Joint ventures, Organizational history, Verbund, E.ON AG, European Hydro Power GmbH

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