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In Brief: Brokerage houses; Grupa Carlsberg Okocim; Huta Ostrowiec; SAS

Last year was a very bad year for Polish brokerage houses. Their income declined by 25% and gross profit was only zl. 49.5 million compared to zl. 293 million in 2000. (Rzeczpospolita, pp. B1, B5) Beer producer Grupa Carlsberg Okocim is preparing an emission of bonds worth zl. 200 million and an increase of initial capital by between zl. 6.70 million to zl. 8.36 million. They also want to sell properties and grounds in Katowice, Czestochowa, Bielsko-Biala and Krakow. (Prawo i Gospodarka, p. 5) Huta Ostrowiec steel mill has a debt of zl. 707 million including zl. 9.2 million due to its workers, says a report prepared by its new management board. Talks with banks concerning debt restructuring under way. (Prawo i Gospodarka, p. 2) Scandinavian airlines SAS, has decided to close its connection between Wroclaw and Copenhagen, saying that is an unprofitable route. (Puls Biznesu, p. 12) A.D.

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