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In Brief: Colloseum; Hortex; Bank Przemysłowy; Stalowa Wola steel mill

It is becoming clear that the assets of the bankrupt financial consortium Colloseum are so small that even in the best case they will hardly cover the costs of the company's liquidation and its liabilities to ZUS and the tax office. (Puls Biznesu, p. 7) ... Frozen food company Hortex's exports to Russia have grown by 35%. In the financial year ending in May, the value of the export amounted to zł. 75 million. Hortex sold 23,600 tons of frozen foods on the Russian market. (Puls Biznesu, p. 7) ... Kulczyk Holding will invest zł. 120 million upon entering Bank Przemysłowy. The bank expects that the first emission of its shares will be taken over by the investor in the third quarter. (Parkiet, p. 3) ... Deputy Treasury Minister Andrzej Szarawarski announced that the Stalowa Wola Steel Mill will receive public aid of around zł. 50 million at the beginning of August. The capital will be spent on financing production. (Rzeczpospolita, p. B1) K.Z.

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