In brief: Elektrim Kable; Eldorado's WSE launch; Servier's investment
Cable producer Krakowska Fabryka Kabli is to take over Elektrim Kable, payin
g upwards of zl.5.26 each for an additional 30 million shares. Once the tran
saction has been completed Elektrim Kable will undergo restructuring, with t
he possibility of redundancies not ruled out. (Puls Biznesu, p. 6) ... The
Warsaw Stock Exchange (WSE) debut of food distributor Eldorado failed to pro
duce huge profits for investors. The initial listing price was zl.15.45 per
share, only slightly higher than the issue price. (Gazeta Wyborcza, p. 28) .
.. French pharmaceuticals company Servier plans later this month to complete
the modernization of its Anpharm plant, which it acquired four years ago. Se
rvier has to date invested some zl.130 million in Poland, and also this mont
h is planning to open a scientific research institute. (Puls Biznesu, p. 7)
P.J.