In the latest Pricewaterhousecoopers report “IPO Watch Europe Survey” on Q2 of 2010 on capital markets, the Warsaw Stock Exchange was ranked second in Europe, as regards the total number and value of public offers, losing only slightly to the London Stock Exchange.

According to Pricewaterhousecoopers, a total of 25 companies debuted on the Warsaw Stock Exchange in Q2 of 2010 (only 2 less than in London). Altogether, 89 companies made their stock exchange debuts across Europe, which means that 58% of all stock debuts took place on the two leading European stock exchanges – the Warsaw Stock Exchange and the London Stock Exchange.

In Q2 2010, the value of public offers on the Warsaw Stock Exchange was only slightly smaller than in London. In this period, the overall value of IPOs in London was 3.202 million Euro, compared to 3.150 million Euro in Warsaw. Given the fact that the value of all public offers in Europe was 9.014 million Euro, in percentage terms, Warsaw accounted for 35% and London for 36% of all European IPOs.

Two out of the top five largest IPOs in Europe took place in the Warsaw Stock Exchange. PZU’s IPO turned out to be the biggest European IPO, with 1.990 million Euro obtained from the offer. The Fourth largest transaction concerned Tauron Polska Energia, with 1.026 million Euro. Public offers of both these companies were among the key projects completed in 2010 as part of the Privatisation Programme 2008-2011.

Read Pricewaterhousecoopers report “IPO Watch Europe Survey”.