In Brief: BIG Bank Gdanski profit; Hydrobudowa president arrested; ZAT

BIG Bank Gdanski (BIG BG), the sixth largest bank quoted on the Warsaw Stock Exchange, with a market value of $670 million, earned zl. 73 million for the period of April-June, raising its consolidated first-half net profit to nearly zl. 120 million. In the first six months of 2001 BIG BG recorded a zl. 25 million net loss. (Reuters) ...On Friday, the Katowice prosecutor arrested the president of Hydrobudowa Gdansk, Wieslaw Ochnik, who is accused of conducting activities which were detrimental to company. (Prawo i Gospodarka, p. 5) ... The management of a polyvinyl chloride producer, the nitrogen enterprise Zaklady Azotowe Tarnow (ZAT) has decided to cease production of the chemical. The reason given was that production was running at a loss. By the end of the year 600 employees be will laid off. (Puls Biznesu, p. 7) A.Z.