In Brief: Eureko; Pratt & Whitney; capital gains tax on stock exchange

Dutch-based insurance group Eureko said on Friday that it withdrew its representatives from the board of PZU Zycie, Poland's largest life insurance company, as it claims it is unsure whether the current board is a legally convened entity. (Reuters) ... US based jet engine maker Pratt & Whitney pledged investments of $70 million in engine plant WSK Rzeszow, in which it has a majority stake. However, if Poland chooses F16s in the multi-purpose jet contract, Pratt & Whitney will invest hundreds of millions of dollars more, locating in Poland its European division building F100 engines for the F16s. (Rzeczpospolita, June 22-23, p. B1) ... The Warsaw Stock Exchange is drafting a bill to introduce a capital gains tax on financial investments, which could take effect in 2004. (Reuters) T.J.