In brief: CEPiK tender cancelled; Zywiec loan; TPSA short term bonds
The Interior Ministry has cancelled a tender for a computer system to run
the operations of driver and vehicle licensing agency CEPiK. The main reason
for canceling the tender was the government's failure to come up with zl. 90
million needed from next year's budget. (Puls Biznesu, p. 3) ... Bank
Handlowy has granted a zl. 100 million loan to Browary Zywiec (BZ). The
deadline for repayment is June 17, 2005. Currently BZ is undergoing a
thorough restructuring process which started three years ago. (Prawo i
Gospodarka, p. 11) ... The management of Telekomunikacja Polska (TPSA) has
decided to issue short-term bonds worth zl. 350 million with the possibility
of increasing the issue to zl. 1 billion. The face value of one bond will
equal zl. 10,000. (Rzeczpospolita, p. A1) A.Z.
