In Brief 2: Elektrim on track; Parallel talks for PHS?; Pozmeat loan recalled

Elektrim has to find an additional EUR 32 million by the end of June in order to repay its liabilities, if it is to keep its agreement with its creditors. So far, Elektrim has received this sum from the sale of cable TV operator Aster City. (Parkiet, p. 3) ... Later today the Treasury Ministry will announce if any of the interested investors, US Steel or LNM Group, will receive exclusive negotiation rights for the privatization of Polish Steel (PHS). The most probable scenario envisages parallel talks with both potential investors. (Parkiet, p. 7) ... Pozmeat's most significant creditor, BPH PBK, has told the meat producer to repay its credit of almost zł. 39.3 million within the next seven days. The loan was to be repaid by 2008. (Parkiet, p. 4) A.K.