In Brief: Anwil; Dr Witt IPO; Defense Ministry tender

South Korea's LG has replaced bankrupt SK Global to create a joint venture with Włocław-based Anwil. The two investors have formed a new company to build a PET plastics plant. The costs of the investment are estimated at $60-70 million. (Parkiet, p. 4) ... Dr Witt, the famous fruit juice maker, has announced plans go ahead with an IPO on the Warsaw Stock Exchange next year after its purchase of a bottling plant formerly owned by Grupa Żywiec. The company plans to raise between zł. 70-80 million which will be devoted to financing expansion and development. (Parkiet, p. 5) ... The Defense Ministry has received 25 offers in a tender to purchase digital radio systems, which are to improve communication between the navy, air force, and the army. According to unofficial information, the value of the contract exceeds zł. 200 million. At least 22 of the offers came from domestic companies. (Puls Biznesu, p. 7) A.K.