In Brief: BalticPipe delay; SAS interest in LOT; 4Media's new investor
Gas deliveries to Poland through the planned BalticPipe from Denmark may be
delayed by a year. According to an announcement made by DONG, one of the
pipeline constructors, the BalticPipe will go into operation no earlier than
2005. (Rzeczpospolita, p. B1) ... Scandinavian air carrier SAS is interested
in purchasing a 25.1% stake in LOT Polish Airlines, Treasury Minister
Wieslaw Kaczmarek announced yesterday. He added, though, that first the
terms had to be negotiated with current owner of the stake, Swissair. (Prawo
i Gospodarka, p. 4) ... The publisher of the Zycie daily and Antena, 4Media,
is to get a new financial investor. GEM Global Yield Fund will pay $5
million for a stake in the company. (Puls Biznesu, p. 4) A.K.