In Brief 2: EBRD loan for ZE PAK; Lining up to buy Jelfa; PSE GIS; Softbank

Apart from Polfa Kutno, three new companies have signed up to buy the State Treasury's 30% stake in Jelfa. According to unofficial reports in Parkiet, the investors include pharmaceutical producers from the U.S. and Italy. (Parkiet, p. 4) ... Investors interested in building the so-called Geographical Information System (GIS) for the Polish Power Grid (PSE) have time until the end of today to file their bids. The contract, valued at over zł. 50 million, attracted leading national and international IT companies. (Parkiet, p. 5) ... Softbank made a zł.4 million net profit in 2003. The good result is mainly due to its recovery in Q4, when the company managed to benefit from the completion of its restructuring process, reduce management costs and enjoyed record sales. The concern, which continues to work with bank PKO BP and installing the Central Register of Drivers and Vehicles (CEPiK) system, hopes for further improvement this year. (Parkiet, p. 4)A.Z.