Zloty


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Zloty

The currency of Poland. It was introduced in 1995, replacing the third zloty (PLZ) after a period of hyperinflation. It replaced the old currency at a ratio of 10,000 old zloty to one new zloty.
References in periodicals archive ?
The zloty firmed 0.1 percent to 4.1893 against the euro after the report.
All the Notes are denominated in the Polish zloty and have been offered in a private placement exclusively in the territory of Poland.
a) For Part 1 - 1 300 PLN (one thousand three hundred zlotys 0/100)
Part 4 - 3 200 PLN (three thousand two hundred zlotys
Financing: Troubled Polish drugmaker Bioton said it would receive a total of 171 million zlotys ($48.8 million) capital injection from its main shareholder and his investment arm, boosting its shares.
The company, which expects revenues to reach 950 million zlotys (291 million euros) this year, is giving itself three years to win a 20% share of the domestic frozen food market, which would put it in second place behind Hortex.
The German group had obtained exclusive rights at the beginning of September to negotiate this contract, worth an estimated 1.6 billion Zlotys (Euro 390 million).
Last year it posted net profit of 13 million zlotys (Euro 3.47 million), compared to 27.6 million zlotys (Euro 7.36 million) in 2000, according to preliminary data.
The group earned 406 million zlotys ($146 million) versus 351 million seen by analysts polled by Reuters.
France Telecom, in association with the Polish Kulczyk Holding, is to pay an additional 156 million zlotys (Euro 41.2 million) for 12.5% of Poland's national operator TPSA under the terms of a new agreement with the Treasury, which, in exchange, will forego its share in the dividend from profits in 2000 (150 million zlotys (Euro 39.4 Million) from a total of 450 million zlotys (Euro 118.4 million)).