In Brief 2: Lafarge; HSBC-Kredyt Bank; Oracle; Obris zł. 250 million bond issue

Lafarge has opened its new zł. 400 million cement production facility in Białawy (northern Poland). The company plans further investments as soon as the construction market recovers. (Puls Biznesu, p. 10) ... HSBC is ready to pay Kredyt Bank zł. 31 million for Polski Kredyt Bank (former Prosper Bank). If the deal goes ahead operations will begin in the fourth quarter. (Gazeta Wyborcza, p. 27) ... IT concern Oracle along with Warsaw Polytechnic, has opened a software development center. Its staff, currently consisting of 12 engineers, will focus on mobile technology solutions. (Gazeta Wyborcza, p. 29) ... Orbis plans to issue bonds worth zł. 250 million to finance its take over of Hekon with its 10 hotels in Poland and one in the Lithuanian capital of Vilnius. (Puls Biznesu, p. 8) M.K.