Carlsberg Okocim incorporates Bosman and Kasztelan

Contrary to earlier plans, the Piast brewery, at least for the next few year s, will not be incorporated into the Carlsberg Okocim group. "Incorporation may take place when Piast withdraws from the Warsaw Stock Exchange, which wi ll not happen before 2004 or 2005. Until that time we are going to cooperate with Piast more closely," said Carlsberg Okocim president Marcin Pirog. Orig inally the consolidation process was to be complete this year, now it will b e limited to the official incorporation of Bosman and Kasztelan breweries, w hich have been bought by Okocim for zl. 220 million, paid in cash and in com pany's shares. Carlsberg Okocim has taken a zl. 340 million loan from ABN Am ro to create and develop the group. It also plans to issue bonds worth zl. 2 00 million and to increase initial capital by up to 38%, issuing 6.7 million to 8.36 million shares with drawing rights. (Puls Biznesu, p. 6) K.S.