… and get ready for more bonds?
Until the end of October, 1997 had been a good year for equity in central and eastern Europe. Although new issues were fairly light on the ground, some of the largest companies in the region were privatized or floated. The second tranche of the Hungarian oil and gas company MOL was put on the market in May, followed by shares in Poland’s Bank Handlowy and Hungary’s pharmaceuticals com-pany Gedeon Richter in June.
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