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In Brief 2: ZM Duda; Hortex surges ahead; PZL Mielec redundancies

Meat producer ZM Duda announced corrections to their financial forecasts for 2003. The new plan envisages revenues of zł. 265 million, down from zł. 288 million, and a net profit of zł. 15 million, which is almost 50% more than previously anticipated. (Parkiet, p. 4) ... Hortex has achieved the leading position on the market of ready made foods exceeding the share of its competitor Frosta. The company now controls 36.8% of the market. (Parkiet, p. 4) ... The management of Polskie Zakłady Lotnicze (PZL) Mielec, aviation facility have signed an agreement with the company's unions concerning the process of collective layoffs. PZL plans to lay off 400 out of the current 1,700 employees. (Puls Biznesu, p. 6) A.K.

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