WARSAW: President Andrzej Duda on Tuesday took part in a ceremony marking 25 since the Warsaw Stock Exchange was launched, a symbolic moment that underlined Poland’s transition to a free-market economy after the 1989 fall of communism.
“Our stock exchange is the fourth biggest in Europe, it is the absolute leader in this part of Europe,” Duda said at the ceremony. “The bourse is developing fantastically,” he added. On 12 April 1991, Poland’s privatization and finance ministers signed the founding act of the Warsaw Stock Exchange.
Four days later, on April 16, it held its first session, with shares in five companies listed. The total turnover of the bourse was the equivalent of USD 2,000. Today, 483 companies are listed on the WSE, which is now the largest stock exchange in Central and Eastern Europe.
