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In Brief: Commercial Metal; NTT System, Cheap flights from Air Polonia?

The Interior Ministry yesterday permitted Commercial Metal, a subsidiary of American Commercial Metals Company, to acquire a 71% stake in steel mill Huta Zawiercie from Impexmetal. The Polish company claims that the transaction, worth around zł. 200 million, will be concluded by the end of the year. (Parkiet, p. 1) ... NTT System, one of the largest domestic computer producers, wants to debut on the Warsaw Stock Exchange in the first half of 2004. It has already commenced preparing its IPO prospectus and has signed a deal with a brokerage house. (Parkiet, p. 4) ... Air Polonia, a charter flight company, has received permission from Polish and British officials to fly from Poland to the UK. Details of the flights will be announced within a few days. (Rzeczpospolita, p. B4) M.M.

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