In Brief: BPH PBK net profits; HK Ruokatalo increased stake
The President of BPH PBK, Józef Wancer, announced yesterday that the bank will close this financial year in accordance with earlier analysts' ex pectations, with a net profit of between zł 380 - 400 million, as compared to zł. 147.8 million in 2002. Wancer added that he does not plan to withdraw the bank's shares from the Warsaw Stock Exchange (WSE) as a result of the public offering of the parent company Bank Austria Creditanstalt. (Parkiet, p. 3) ...HK Ruokatalo, a Finnish meat processing company, announced plans to increase its stake to a maximum of 21.1% from the current 11.1% in the largest domestic meat processor Sokołow. (Parkiet, p. 5) A.K.