In Brief: Continental Cans; NFI Octava; Poczata Polska fee; Daewoo losses
After the new line is operating, Continental will have an annual output of 1.3 million aluminum cans for the beverage industries. (Rzeczpospolita, page B3) ... The shareholders of the investment fund NFI Octava have decided not to pay out dividends as demanded by the Treasury Ministry. Instead the profits of about zl. 20.2 million will be put aside as reserve capital. (Rzeczpospolita, page B4) ... The Office for Competition and Consumer Protection (UOKiK) has ruled that it did not see any grounds for intervening in the decision by Poczta Polska to levy a transaction fee of 0.5% for payment of Telekomunikacja Polska S.A. (TPSA) telephone bills at post offices. (Rzeczpospolita, page B1) ... The insurer, Towarzystwo Ubezpieczeniowe Daewoo S.A. incurred loses of zl. 4.26 million in the first half of 1999. The loses are attributable to record high claims paid last year coupled with high administrative costs at the beginning of this year. (Prawo i Gospodarka, page 7)