In Brief: Exbud-Skanska job cuts; Fitch's Warsaw office; Jelfa & Dragon
The board of Exbud-Skanska has announced plans to cut the company's workforc
e by 4,000. The move is a result of recent poor results by Skanska AB holdin
g, which owns 94% of Exbud-Skanska. (Gazeta Wyborcza, p. 30) ... Ratings age
ncy Fitch has announced the opening of its Warsaw office. This is the agency
's first office in eastern Europe. (Prawo i Gospodarka, p. 5) ... Pharmaceut
icals company Jelfa has signed a letter of intent with Dragon Pharmaceutical
s Inc. of the US regarding the production and sale of bio-technical products
. A Jelfa spokesman declined to give any further details of the deal. (Rzecz
pospolita, p. B1) P.J.