In Brief: AIG CE and Bulgarian telecoms; Polkomtel bond issue; Prokom

AIG CE Capital Management, an investment fund which is owned by American ins urance giant ING, but registered in Poland is one of the three candidates to privatize Bulgarian state-owned telecommunication company BTC. Its rivals in the privatization bid are Turk Telecom, and Kocz holding as well as investme nt fund Advent consortium. (Rzeczpospolita, p. B3) ... Polkomtel yesterday s igned an agreement with a bank consortium on the issue of bonds worth zl. 50 0 million maturing on June 11, 2005. On Monday the first tranche of the bond s will be available on the market. "We will start from the zero-coupon secur ities and the value of one tranche should reach zl. 50 million to zl. 70 mil lion," said a Polkomtel financial manager. (Puls Biznesu, p. 9) ... CASE Fun dacja Naukowa, CASE-Doradcy and Rzeczpospolita have ranked IT firm, Prokom S oftware, as the most innovative company in Poland. Last year the company spe nt zl. 24 million on research and development. (Rzeczpospolita, p. B4) K.S.