Eureko sells total BIG BG pension fund stake to BIG BG

Pension fund Powszechne Towarzystwo Emerytalne BIG BG (PTE BIG BG) will be totally owned by BIG Bank Gdanski (BIG BG). The Pension Fund Supervisory Office (UNFE) has granted BIG BG permission to possess more than an 80% stake in the pension fund. Insurance company Eureko sold its 45% shares of PTE BIG BG to BIG BG for zl. 8.658 million. The president of PTE BIG BG Mariusz Dabkowski said the sale of shares would not change the policy of the fund management. He also added it would not cause a deterioration of investment results. (Prawo i Gospodarka, May 6-7, page 1, 9) K.S.