In brief: Bank Handlowy; SSE border changes; Stalexport consolidation
The Baltic Times is reporting that Bank Handlowy (BH) is among the
candidates to invest in Lithuanian bank Lietuvos Zemes Ukio Bankas. The
Lithuanian government is making a third attempt to sell the country's last
State-owned bank. BH representatives refused to comment on the reports.
(Puls Biznesu, p. 11) ... The government will today discuss proposals to
alter the borders of the country's Special Economic Zones (SSE). Following
the elimination of two zones which had failed to launch their operations, it
will be possible to enlarge the remaining zones by as much as 1,000
hectares. Thirteen zones have applied to have their borders expanded. (Puls
Biznesu, p. 3) ... The management of Stalexport has announced plans to
consolidate two of its distribution companies, in Warsaw and Czestochowa.
The move will increase the capital of its Warsaw Centrostal distributor from
zl.11.4 million to zl.19.5 million (Puls Biznesu, p. 4) A.Z.