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In Brief: Daewoo-FSO's replacement; CitiInsurance and Energo-Zycie; LOT

According to Deputy Economy Minister Maciej Lesny, a decision to search for a new manufacturer to replace Daewoo-FSO in the operation of Daewoo's factories will be made by April 20. PricewaterhouseCoopers is to prepare a report on the financial benefits of the company's restructuring. (Prawo i Gospodarka, p. 2) ... Citigroup-owned CitiInsurance International Holding has received permission from the Finance Ministry to purchase a 100% stake in insurance fund Towarzystwo Ubezpieczeniowe Energo-Zycie. The transaction is expected to be completed by the middle of March. (Prawo i Gospodarka, p. 5) ... Flagship carrier LOT Polish Airlines carried over 360,000 passengers in the first two months of 2002. The figure is 5,000 more than in the same period last year and 2,500 more than had been forecast. (Prawo i Gospodarka, p. 5) A.Z.

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