In Brief: Elektrim, stalemate; KGT decision in June; Optimus and compaq
The board of Elektrim has only four days left to reach an agreement with
its creditors. Elektrim bondholders may take over the new debt issue but
only with high interest rates and warranties. Although the creditors have
rejected the proposed deal, Elektrim representatives are remaining
persistent. (Puls Biznesu, p. 9) ... The deputy Minister of Infrastructure
Krzysztof Heller announced yesterday that the government will make its final
decision on the creation of the Krajowa Grupa Telekomunikacyjna (KGT) by the
end of June. KGT would provide competition to the current market monopolist
TPSA. (Zycie, p. 9) ... Polish hardware producer Optimus has announced it no
longer wants to co-operate with the Polish branch of Compaq in terms of
computer distribution. According to the company's board the main reason
behind the decision are "The changes in the strategies of both companies
which foresee basing one's distribution on one's products." This year
Optimus is planning to increase its PC sales by a quarter. (Gazeta Wyborcza,
p. 30) M.T.K.
