In brief: Bank Pekao and EBRD; TPP distribution rights; ARP profits

Bank Pekao SA and the European Bank for Reconstruction and Development have signed an agreement on funding for small and medium-sized businesses. The six-year credit is worth a total of euro 20 million, and is granted under a joint program sponsored by the European Union and EBRD. (Rzeczpospolita, p.B6); TPP, publisher of the free daily ' Metropol' , has won the tender for the exclusive distribution rights of the paper in Warsaw' s subways, and at the city' s bus and tram stops. (Gazeta Wyborcza, p.18); Profits of the Industry Reconstruction Agency (ARP) reached zl.41 million last year, an increase of almost 16% from 1999. ARP manages the stocks and shares of 114 companies. (Puls Biznesu, p.3) M.T.