Ludwik Sobolewski

B.A.C.D. SA engages in the provision of financial services. Its products includes funds, quotations, charts funds, and saving plans for individuals, institutions, and investment funds. The company was founded on October 8, 1999 and is headquartered in Warsaw, Poland.

Compania Nationala Posta Romana SA provides postal services. It offers letters, postcards, books, newspapers, and magazines, money transfer, express, address change, post-office box, customs clearance, special delivery, integrated solutions, marketing and advertising, electronic commerce, sale of tickets for events, electronic signature, internet and telephone, and various postal services. The company was founded in 1998 and is headquartered in Bucharest, Romania.

Towarowa Gielda Energii SA (currently: POLPX S.A.) was established at the end of 1999. In the first six months, from registration of its business operations, it has launched the Day Ahead Market (electricity spot market). In 2003, POLPX was the first and so-far only entity to obtain a license to run a commodity exchange market from the Financial Supervision Commission (KNF). For sure, the exchange is the essence of the market. One can say that this is the place, where individuals and companies meet, on a regular basis and on specific dates, to conclude 'buy' and 'sell' transactions of a commodity, such as for example electrical power. Those 'meetings' also involve intermediaries (brokers). The complete liberalization of the electricity market - which became unavoidable in Poland - is creating the need to build a market mechanism for setting the electricity prices. This need can be satisfied by the Polish Power Exchange (POLPX). It is offering the possibility to determine an objective market price, being a reference for other transactions concluded on the electrical power market. POLPX, as an organized part of the electricity market is offering its participants a range of benefits: Equal access to market information Clear, transparent and consistent rules for conclusion of commercial transactions for all participants Reduction in the costs of negotiation (automation of the best offer searching process) High level of flexibility in conclusion of transactions Effective management of commercial risks, resulting from fluctuation of the electricity demand price and volume. The key areas of POLPX operations are: Day Ahead Market (DAM) Commodity Derivatives Market (CDM), Intraday Market (IDM) Property Rights Market for Renewable Energy Sources and Co-generation, (PRM) CO2 Emission Allowance Market (EAM).

Part of Gielda Papierow Wartosciowych w Warszawie SA, National Depository For Securities engages in the purchase, sale, and brokerage of securities. The company is based in Warsaw, Poland.

Part of Gielda Papierow Wartosciowych w Warszawie SA, Warsaw Stock Exchange provides stock exchange services. The company is based in Warsaw, Poland.

The Exchange Centre operates shopping malls. The company is headquartered in Ilford, the United Kingdom.

Bucharest Stock Exchange engages in providing financial services. It provides financing opportunities for companies looking to raise funds on the Romanian capital market. The company was founded in 1882 and is headquartered in Bucharest, Romania.