In Brief: Competition for TPSA; PKN Orlen privatization; mBank on WSE
Infrastructure Minister Marek Pol has announced that his ministry is
considering including PKP Telekomunikacja, formerly a part of Polish State
Railways (PKP), in Poland's alternate telecom structure, thus providing
competition for the current market monopolist TPSA. "No decisions have been
made yet," said Pol. Market analysts believe that without a significant
sector investor the plan has little chance of success. (Puls Biznesu, p. 7)
... The newly appointed president of oil giant Polski Koncern Naftowy Orlen
(PKN Orlen), Zbigniew Wrobel, said that the third stage of privatization of
the company is coming. He also said that the date and the investor are still
to be selected and that the Treasury Ministry will be consulted throughout
the process. (Rzeczpospolita, p. B2) ... BRE Bank is planning to introduce
its Internet branch mBank on the Warsaw Stock Exchange (WSE) by the end of
2002. According to this month's figures, zl.1.2 billion have already been
deposited in 210,000 accounts at mBank. (Prawo i Gospodarka, p. 8) M.T.K.