In Brief: BGŻ; EFL's Q3 result; Polkomtel share sale advisers; Army tender

Bank Gospodarki Żywnościowej's (BGŻ) has decided to issue up to 10.6 million shares at less that zł. 43 per share. A final decision will be made by the general shareholders meeting, scheduled for December 1. This is the result of a recent agreement between the State Treasury and the co-operative banking sector. (Parkiet, p. 3) ... In the third quarter of 2003, Europejski Fundusz Leasingowy (EFL), recorded a 37% increase in the value of contracts signed compared to the same period of last year. Despite this improved performance, the company's net profits dropped to zł. 22.2 million, compared to zł. 36.6 million in the previous year. (Parkiet, p. 5) ... Polkomtel's main shareholders have shortlisted six potential advisers to help them sell their 55.3% stake in the Plus GSM operator. The transaction is planned for the second half of next year. (Parkiet, p. 5) ... Defense Minister Jerzy Szmajdziski is launching an investigation into media allegations concerning irregularities in army tenders. Newsweek reported a case where an order of 13 amphibian APCs from German EWK, was made by General Ryszard Zuchiewicz, who after retiring became the president of EWK's board. (Gazeta Wyborcza, p. 7; Rzeczpospolita, p. A5) A.K.