ARP and PIR to support JSW

State-run Industrial Development Agency (ARP) and Polish Investments for Development (PIR) may acquire a minority stake in subsidiaries included in Jastrzębska Spółka Węglowa (JSW), according to unofficial information by Puls Biznesu daily. Puls Biznesu reported that ARP is likely to temporarily purchase a stake in Victoria coking plant, so that JSW could re-buy it when its financial situation gets better. PIR could invest in some subsidiaries on the same terms, the daily suggested. Neither company has commented on the news.