In Brief: Agora; Bourse Slump; LG Petrol; Microsoft for ZUS; Thomson
Poland's largest media-group Agora S.A. will not go ahead with plans to
jointly set up a financial portal with Softbank. Instead, Agora will go it
alone. (Gazeta Wyborcza, Aug. 5-6, page 26) ... LG Petrol Bank has recorded
zl. 22.6 million in pre-tax profits for the first half of this year, 50%
higher than the same time last year. (Rzeczpospolita, Aug. 5-6, page B2) ...
The Warsaw Stock Exchange (WSE) is sluggish because of poor performance by
information-technology (IT) companies and luke-warm interest by foreign
companies in investing in Polish stocks. (Puls Biznesu, page 1) ... Apple
Computers has threatened to sue the government unless the state-owned Social
Insurance Company (ZUS) withdraws its plans to install Platnika program,
which runs on Microsoft-Windows operating system. It is estimated that
between 100,000 and 150,000 PCs will have the program installed. (Puls
Biznesu, page 8) ... The French electronics-company Thomson is planning to
invest $32 million this year in its television-plants. The company has
previously invested $296 million in Poland. (Rzeczpospolita Aug. 5-6, page
B2) S.M.