In Brief: Energetyka Łódzka; Toyota diesel engine factory; KHW profit
Energetyka Łódzka will be the name of the new energy concern controlled by the State Treasury which will encompass two energy plants in the region of Łódź and which will be formed, according to plans, in October. An adviser to this process is due to be selected by the end of this week. The invitation to take part in the bid has already been sent out to three companies. (Parkiet, p. 4) ... The construction of a diesel engine factory by Toyota Motor Industries began yesterday in Jelcz-Laskowice, near Wrocław. The cost of the investment is estimated at EUR 300 million. (Puls Biznesu, p. 8) ... Katowicki Holding Węglowy (KHW) a coal mining sector company recorded a zł.43 million net profit in the first five months of this year, which is zł.3 million more than throughout the whole of 2003. Such a result raises hopes for a beneficial privatization which is planned to begin soon. (Puls Biznesu, p. 10) A.K.