In brief: Bank Handlowy; Fiat DELFO ; J.W. Construction and Beton Stal
Bank Handlowy, Poland's leading corporate bank, intends to improve its
earnings in 2001 as well as to increase its stock's free-float, possibly
through a share issue. Furthermore BH, having officially merged with
Citibank at the beginning of March, wants to strengthen its retail position
and hopes to increase its number of individual clients from 400,000 to one
million. (Reuters; Puls Biznesu, p. 6)...The Fiat subsidiary DELFO Polska,
which produces car bodies for the Seicento model, plans to dismiss 310
employees Due to the drop in the production of Fiat Seicento the firm is
not in a position to afford its crew of 1300 workers. (Prawo i Gospodarka,
p. 3)...Building firm J. W. Construction has withdrawn plans to take over
collapsing Beton Stal due to the company's advanced state of deterioration,
combined with the firm stand of its main creditors. (Prawo i Gospodarka, p.
1) A. Z.