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In Brief: BGŻ shareholders; Lentex Army contract; Nafta Polska; PHS shares

Shareholders of Bank Gospodarki Żywnościowej have for the third time failed to increase the bank's capital. Friday's shareholders meeting was postponed until September 20. (Gazeta Wyborcza, Aug. 23-24; p. 26)...Lubliniec-based company Lentex has won the tender to supply 15.000 sleeping-bags to the Polish Army stationed in Iraq. The value of the contract is estimated at zł. 4 million. (Gazeta Wyborcza, Aug. 23-24; p. 26)...At the beginning of September, Nafta Polska intends to carry out the due diligence of Petr obaltic. According to Treasury Ministry plans, Petrobaltic will become part of Lotos Group. (www.onet.pl)...PolFin is threatening it will file for the bankruptcy of Rafineria Glimar if the latter fails to pay zł. 3.9 million. The case has been lingering for almost a year. (Rzeczpospolita, p, B3)... The Treasury Ministry has extended the period of negotiations with LNM on the purchase of Polish Steel Mills (PHS) to this coming Friday. According to unofficial information the sides cannot come to terms on the purchase of PHS' shares from the Treasury. Whereas the Treasury wants to sell the shares in 2006, LNM prefers a shorter term. (Puls Biznesu, p. 3) A.Z.

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