In Brief: Bahlsen Sweet; Rafineria Glimar restructuring plan; Sun Club closes
Bahlsen Sweet, one of the largest producers of packed cookies has spent zł. 5 million modernizing a plant, which it took over from a local producer in Jawornik, near Kraków. Bahlsen will also install another production line in the factory allowing it to carry out orders from German clients. (Rzeczpospolita, p. B4) ... The Glimar oil refinery, which is in deep financial trouble, is to implement a restructuring program. It will also receive aid from state agencies and banks and about zł. 30 million from Grupa Lotos. (Puls Biznesu, pp. 1, 7) ... A court in Warsaw has announced the bankruptcy of tour operator Sun Club Banaszek, which was demanded by German competitor TUI. Sun Club tried to reach a settlement, but the court rejected the suggestions. The operator will close down after its clients return from the holidays it sold them. (Puls Biznesu, pp. 1, 7) M.M.