In Brief: E-ON - Electrabel; Huta Ferrum; Ziołopex; Mlekovita; Vistula

German-based E.ON and Electrabel of Belgium said on Monday they had withdraw from the tender for the privatization of eight energy distribution companies, the so called G-8 group. According to the spokesperson of E.ON Alexander Land, the two firms were not in a position to file an offer which could satisfy the seller. The tender will be cancelled. (Puls Biznesu, p. 3; Parkiet, p. 5)... The management of Huta Ferrum has handed over its entire issue of over 3 million shares to ING Bank Śląski, the company announced yesterday. As a result the bank's share in the steel mill will increase from 28.5% to 49.66%. (Parkiet, p. 5) ... Spice producer Ziołopex intends to launch a new plant near Bolesławiec. The investment estimated at zł. 30 million hope to provide 150 jobs. (Puls Biznesu, p. 7)... Mlekovita buys dairy plant in Zakopane, the price of the transaction has not been disclosed. (Rzeczpospolita, p. B3) A.Z... Kraków-based Vistula SA, a renown garments producer, which is trying to fight its financial troubles, has applied for a loan, which will allow the company to regulate its debts with the creditors. Vistula hopes to sign an agreement with PZU, one of its main shareholders, which plans to inject capital of around zł. 6 million. After the first two quarters of 2003, Vistula recorded a loss of zł. 2.75 million with revenues standing at zł. 56 million. (Rzeczpospolita, p. B4) A.K.