In brief: American Restaurants; Okocim expansion; milk sale to Algeria
American Restaurants, which manages the Pizza Hut and KFC networks in
Poland, has announced that it will enter the Warsaw Stock Exchange (GPW) in
2003. The firm expects to make zl.200 million from its share issue. It also
intends to open 1,000 new restaurants in Poland by 2010. (Puls Biznesu,
p.11)...Carlsberg, the Danish strategic investor in the Okocim brewery,
intends to establish a strong market position for Okocim by expanding its
production capacity. Carlsberg also has plans for a more aggressive
marketing strategy. (Prawo I Gospodarka , p.12) In a deal described as
very advantageous to Poland, Algeria-based Milk-Trade is to buy 20,000
tonnes of Polish skimmed powdered milk. The price offered is rumored to be
over $2,000 per tonne. (Rzeczpospolita, p. B2) A.Z.