Skip to content
Advertisement

Business

In Brief: AWS bankrupt; Mine liquidation; WBK WAP; Grain storage sold

The weekly Tygodnik AWS, the voice of the ruling Solidarity Election Action (AWS), is to cease publishing immediately due to diminishing sales and record losses incurred in the last two years. The latest edition will appear only in an electronic version. (Rzeczpospolita, page A2) ... The Mining Restructuring Company (SRK) is to be set up within two weeks to examine methods of effectively restructuring or liquidating the loss-making coal mines. SRK would also be charged with administering the assets of the defunct mines and creating employment opportunities for laid off miners. (Rzeczpospolita, page B2) ... Wielkopolski Bank Kredytowy (WBK) has become the first financial institution in Poland to offer banking services through mobile phones connected to the internet via a wireless application protocol (WAP). The new service to be called WBK24 WAP is to run on a trail basis and would be available exclusively to those clients that possess a WAP subscription to the Centertel Idea network. (Gazeta Wyborcza, page 20) ... The Treasury Ministry has sold off 65% of stakes in grain storage company Polski Zaklady Zbozowe Brzeg S.A. to a consortium led by businessman Zbigniew Komorowski. (Rzeczpospolita, page B3) S.M.

More from Business All