In Brief: Centertel; Prosecutor investigates NFI Jupiter; Record cigarette sales

PTK Centertel and Nortel Networks signed a contract worth euro 80 million, whereby Nortel would become the exclusive provider of GSM and GPRS infrastructure for the Idea mobile phone network in southern Poland. The investment is aimed at increasing the capacity of the network, which is necessary due to the influx of customers. (Prawo i Gospodarka, p. 7) ... The Public prosecutor's office in Warsaw has started an investigation into the alleged illegal operations of the Tenth National Investment Fund Jupiter, which was managed by the former president of PZU Zycie Ireneusz Nawrocki. The investigation, started upon a motion submitted by the Securities and Stock Exchange Commission and spurred on by revelations in Rzeczpospolita, is focusing upon charges that the former management acted against the interests of the company, increased the price of shares of Instal Krakow without justification, and was involved in insider trading. (Rzeczpospolita, p. A1, A3) ... Tobacco companies noted record sales of 7 billion cigarettes in July. All cigarette companies, apart from Philip Morris, managed to increase sales in comparison with June. Sector representatives hope for a 2% to 3% increase in sales for the year as a whole. (Puls Biznesu, p. 5) M.K.