Skip to content
Advertisement

Business

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.

More from Business All