Support The Moscow Times!

Now is the time to support independent reporting from Russia!

Contribute Today

KSG Agro Trades in Warsaw

WARSAW — Ukrainian grain and sunflower seed producer KSG Agro gained on the Warsaw Stock Exchange on Thursday, its first day of trading, climbing 0.5 percent to 22.1 zloty at 11:56 a.m. in Warsaw, valuing the company at 330 million zloty ($124 million).

KSG, the sixth company from neighboring Ukraine to list in Warsaw since November, sold 108.4 million zloty of shares at 22 zloty each in an initial public offering last month. A total of eight companies have sold more than 2 billion zloty of shares in Poland in five years.

The Warsaw bourse is the third-largest in emerging Europe after Russia and Turkey, with a total market capitalization of $223 billion.

(Bloomberg)

Read more

Russia media is under attack.

At least 10 independent media outlets have been blocked or closed down over their coverage of the war in Ukraine.

The Moscow Times needs your help more than ever as we cover this devastating invasion and its sweeping impacts on Russian society.