In Brief: Alstrom; PZU and Eureko; Treasury to sell off Pekaes shares this fall

The Polish subsidiary of France’s Alstom, a company implementing investments in the power supply sector, recorded a net profit of nearly zł.59 million in 2003. At present, it is finalizing negotiations on a contract worth over zł.20 million for the revitalization of a turbine at the Siekierki combined heating and power plant. (Parkiet p.5) ... A new solution to the ongoing ownership battle for PZU would see Dutch Eureko sharing a 21% stake in the state-owned insurer with the European Bank for Reconstruction and Development. (Puls Biznesu p.6) ... The Treasury, the major shareholder in the Warsaw-based Pekaes logistics firm, has agreed to float between 7-12 million of the company’s shares, worth around zł.100 million, this September. (Puls Biznesu p.10) M.G