In Brief: Energis Polska; EBRD grants loan to PKP; Real hypermarkets
Energis Polska, a company owned by financially troubled British group
Energis and by the National Grid, who jointly hold a 48.72% stake, will find
a new investor by September 2002. Energis, due to financial problems,
announced plans to withdraw from all its investments in European countries.
Energis Polska hopes to record operational profits in the first quarter of
2003. (Puls Biznesu, p. 8) ... On Tuesday Polish State Railways (PKP) signed
a loan agreement with the European Bank for Reconstruction and Development
(EBRD) worth zl.470 million. The loan will be used to pay PKP's debts. (Puls
Biznesu, p. 7) ... German hypermarket network Real, which currently owns 25
outlets in Poland, announced new investments of up to zl.200 million a
nnually. They plan to open two to four hypermarkets a year. (Prawo i G
ospodarka, p. 8) A.K.