ComputerLand and Stalexport creating metal exchange

Yesterday ComputerLand S.A. and Stalexport S.A. announced they were creating a metal stock exchange. It will be a competitor to a similar project started by Impexmetal S.A. and Prokom two weeks ago. ComputerLand and Stalexport signed a letter of intent to create a business-to-business internet portal which will later be transformed into a metal stock exchange. The two companies plan to sign a final agreement in a few weeks. ComputerLand's spokesman Michal Michalski gave few details, saying only, "Let's wait until both companies reach a consensus." The portal should be launched by the end of the year. (Prawo i Gospodarka, page 11) M.M.