In Brief : PTE Kredyt Bank; Animex layoffs; UMTS; CA IB Softbank stake

The Pension Fund Supervisory Office (UNFE) ordered PTE Kredyt Bank to increase its capital, which results from changes in accounting procedures requiring all pension funds to clear the acquisition costs over a year's time causing its capital to drop below euro 2 million. PTE Kredyt Bank will issue shares to increase its capital to zl. 109.2 million. (Prawo i Gospodarka, page 8) ... Animex S.A. is planning to lay off 700 out of 1,200 employees from the meat factory in Rawa. Trade union representatives maintain restructuring was to cost only 400 jobs. (Prawo i Gospodarka, page 12) ... Poland's Telecommunications Minister said on Tuesday the recently announced conditions for the third generation mobile UMTS tender are still subject to change, but declined to say whether the minimum license price would be lowered. (Reuters) ... Bank Austria's subsidiary CA IB Investment Bank plans to buy a 5% stake in Poland's second largest computer systems integrator Softbank S.A. (Reuters)