In Brief: Elektrim; Cementownia Ozarow; City Magazine; Netia Holdings
Almost half of the bondholders of telecom and energy group Elektrim have ag
reed to the debt settlement terms agreed upon with the company. Meanwhile,
according to Puls Biznesu sources, negotiations on the sale of Elektrim Tel
ekomunikacja are at a standstill. If that deal is not closed, this could me
an failure of the entire Elektrim restructuring plan. (Puls Biznesu, p.4) .
.. Cementownia Ozarow, belonging to Irish group CRH, has been granted exclu
sive negotiation rights in the privatization of Trzuskawica lime plant. (Rz
eczpospolita, p.B3) ... City Magazine, publisher of the City free monthly,
is to be incorporated by its owner, Agora. Last year, City Magazine recorded
a net loss of zl. 1.03 million. (Parkiet, p.4) ... Another court hearing in
the matter of approving the debt settlement agreement at Netia Holdings has
been scheduled for August 8. The judge will rule only after the parties bec
ome familiar with the documents filed by funds from the Sisu group, who are
protesting the settlement. (Parkiet, p. 4) T.J.