In Brief: ABN Amro withdrawal; PZU zl.1 billion contract; Onet.pl lay-offs
Brokerage house ABN Amro Asset Management (Polska) and ABN Amro Investment
Funds Association have decided to close their Polish operations as of
December 31 this year. Explaining the decision, the companies cited as the
main reason the worsening situation on the Polish asset management market.
ABN Amro Bank (Polska) intends to remain on the Polish market. (Prawo i
Gospodarka, Nov. 10-11, p. 13) ... Only two companies are still in the
running for the contract to introduce computer systems in Poland's largest
insurance company, PZU. Computer Sciences Corporation (CSC) of the US and
the German consortium of TIA and Accenture have been left to compete for the
zl.1 billion contract. (Puls Biznesu, p. 8) ... Poland's most popular
Internet portal Onet.pl will undergo a restructuring that will see its
workforce reduced by 80. The portal was recently purchased by ITI Holding,
owner of TVN. (Gazeta Wyborcza, Nov. 10-11, p. 28) M.T.K.