In Brief 2; Kommunalkredit Polska; Calisia; Electrabel; Boryszew

Kommunalkredit Polska, a subsidiary of Austrian Kommunalkredit formed in 2002, specializing in financing municipal ventures has officially begun operations. It plans to act as a partner to the public sector, especially in the field of modernizing infrastructure. (Parkiet, p. 1) ... Piano producer Calisia announced plans to debut on the CeTO over-the-counter market in the first half of 2005. The raised funds are to be used to modernize its production facilities and to open a brand network of stores. (Parkiet, p. 4) ... The State Treasury has withdrawn from the plans to sell a 10% stake in Dolna Odra power plant group to Belgium's Electrabel. A new strategy envisages making the group a part of the Southern Energy Concern (PKE). (Parkiet, p. 9) ... Boryszew yesterday called for the sale of 1.2 million shares in Oława, which together make 48.66% of the company's voting rights. The company offered zł. 30 per share, which is zł. 0.20 more than the price of Oława's shares traded on the Warsaw Stock Exchange (Puls Biznesu, p. 8) A.K.