In brief: Compaq pulls out of agreement; Elektrim, Central Europe Trust

Compaq has terminated the distribution agreement with the WSE listed IT equipment distributor, the STGroup, allegedly due to STG's problems with liquidity and overdue payments. Compaq product distribution constituted a 17% share in STG's revenues but the company maintains that the agreement dissolution will not affect its position. (Puls Biznesu, p. 4) Yesterday, Elektrim's shares fell by 9%, reaching their lowest level for five years. (Parkiet, p. 1)... Central Europe Trust (CET) was chosen to be the Treasury's advisor for the privatization of heat and power group Zespol Elektrocieplowni Bytom (ZecB) and Elektocieplownie Zabrze (EcZ). CET will receive zl.1.4 million for its services. (Prawo i Gospodarka, p. 2) M.T.