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In Brief: Beer sales; PKP bonds; UOKiK-KNUFiE on car insurance

In contrast to expectations which envisaged an increase in Q2 beer sales, actual sales decreased by 2.66%. Breweries which control 95% of the market sold 7.9 million hectoliters of beer in the period. The bad result is put down to the bad weather. (Puls Biznesu, p. 5) ... PKP, the national rail carrier, plans to issue another tranch of bonds guaranteed by the government. It is not excluded that their value will be below the earlier planned zł.1 billion. The request will be submitted in mid August. (Parkiet, p. 6) ... The Consumer and Competition Protection Office (UOKiK) and the Pension Fund and Insurance Supervision Office (KNUiFE) have jointly investigated the car insurance sector and offers presented by the insurers on the domestic market. It was revealed that in the majority of cases the insurance policies are not beneficial for the customers. So far no insurer has been fined for these bad practices. (Parkiet, p. 6) A.K.

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