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.