In Brief: Bio-fuels and Bartimpex; CLiF
However, it is already clear there will be problems in obtaining the raw materials for production. In order to acquire a large part of the new market, Bartimpex owned by Aleksander Gudzowaty, recently purchased Akawit, the largest bio-ethanol producer and Polmos Wrocław. Gudzowaty plans to consolidate both plants under the brand name Brasco. (Puls Biznesu, p. 6) ... According to market analysts, leasing company CLiF stands no chance of forcing Kredyt Bank to file for bankruptcy, and the case had no effect on the company's share price. However Dariusz Baran, the president of CLiF does not plan to give up. "If the Banking Commission properly analyzes our request it will file for KB's bankruptcy," he said. (Puls Biznesu, p. 8) ... Today the State Treasury Minister Piotr Czyżewski, will decide on the merger of Totalizator Sportowy and Polski Monopol Loteryjny. Soon his Ministry will announce a list of state companies that will acquire shares in the increased capital of the horse race course Służewiec Tory Wyścigów Konnych. (Rzeczpospolita, p. B5) A.K.