Warsaw stock exchange eclipsing Prague

The Warsaw Stock Exchange (WSE) has become the European powerhouse of new IPOs, and with the launch of a new regional exchange, it’s poised to lure the major Central and East European players away from Prague and other small bourses.

The Central and East European companies index, the WIG-CEE, was launched May 30 with a list of 25 companies from the Czech Republic, Ukraine, Hungary, Estonia, Bulgaria and Lithuania. Among the biggest listings on the indicator are Czech energy giant ČEZ, Ukranian food company Kernel and Hungarian oil refinery MOL.

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(Photo: Marcin Rolicki/sxc.hu)