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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.

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