In Brief: BRE, mbank; MOL; Aster City; Mostostal

The virtual branch of BRE, mBank, is forecast to begin yielding profits in t he fourth quarter of 2003. So far this year, the losses of BRE are estimated to have reached zl. 72.6 million. (Parkiet, p. 6) ... Hungarian fuel concern MOL plans to expand on the Polish market. MOL's managers intend to open a ne twork of gas stations controlled by Hungary's Slovnaft. (Prawo i Gopspodarka , p. 5) ... The consortium of Hicks Muse Tate Furst, Emerging Markets Partne rship and Argus Capital Partners, which has purchased Aster City, is plannin g to further invest in the cable stations of Eastern and Central Europe. Acc ording to the consortium's managers, the merger of various cable stations sh ould prove profitable within the next five years. (Prawo i Gospodarka, p. 6) ... Krzysztof Szamalek has resigned from the position of Chairman of Mostost al and will be replaced by Santiago de la Fuente Ramirez. Nevertheless, Szam alek will remain on the board of a number of the company's subsidiaries. (Pr awo i Gospodarka, p. 6) K.Z.