In Brief: Aster City sold; Cefarm Krakow; Electrabel; Elektrownia Belchatow

Elektrim Telekomunikacja has sold its cable television assets including Aster City to Hicks Muse Tate & Furst. The value of the contract was estimated at euro 110 million, of which Elektrim will receive zl. 127 million. (Puls Biznesu, p. 10) ... Treasury Minister Wieslaw Kaczmarek has given his permission for the privatization of a pharmaceutical company, Cefarm Krakow. Polska Grupa Farmaceutyczna will participate in the privatization. (Prawo i Gospodarka, p. 3) .. .Belgian concern Electrabel has filed a bid for the purchase of a stake in the Elektrownia Kozienice (EK) power plant. The privatization is scheduled to be concluded by the end of 2003. At the same time, Electrabel is still interested in the participation in the privatization of the G-8 group. (Prawo i Gospodarka, p. 6) ... This year's losses generated by Elektrownia Belchatow (EB) will amount to around zl. 80 million. According to the power plant's president Edward Najgebauer, the poor results are an effect of the excise on energy introduced in 2002. (Puls Biznesu, p. 6) A.Z.