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PZU sees net profit rise 40%

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PZU posted a 40% rise in net profit to 3.26bn zlotys for 2012, slightly below the 3.46bn forecast by analysts, Reuters reported this morning.

The state-controlled Polish group booked a profit of 3.7 billion zlotys from investments, more than double the 2011 figure, owing largely to a record rise in Polish bond prices, which boosted the

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