In Brief: CDM Pekao; Deutsche Bank 24; Orkla Media; Volkswagen Poznan

Analysts from the CDM Pekao brokerage house estimate that the net profit of bank Pekao SA in the second quarter of this year could fall to zl. 85 million. This is due to the fact that the bank has to increase its reserves to zl. 275 million because of the situation with their debtor, the Szczecin Shipyard. (Parkiet, p. 4) ... Deutsche Bank 24 (DB 24) has increased their stake in DB 24 in Krakow from 92.55% to 95%. The German bank has bought 8.3 million shares probably from BRE Bank and PKN Orlen (Parkiet, p. 4) ... Norway-based media group Orkla Media, which owns a 51% stake in Presspublica, the publisher of Rzeczpospolita daily, made an offer to the Treasury Ministry to buy more shares in the company. However, the proposal did not state the number of shares. (Puls Biznesu, p. 7) ... Jörn Reimers has become the new chairman in Volkswagen Poznan. His strategy for the company will cost in total over zl. 1.6 billion by 2005 (Puls Biznesu, p. 10) A.D.