In Brief: Ferrovial bid legal; KB bid for PBK; Dexpol expands; LWP troubles

Securities and Stock Exchange Commission (KPWiG) spokesperson Miroslaw Kachniewski says KPWiG believes Spain's Ferrovial Group did not breach any Polish laws during their bid for construction firm Budimex S.A. (Parkiet, page 1) ... Kredyt Bank has become the second institution after Bank Austria Creditanstalt to be on the Treasury's shortlist for 10.29% of share capital in Powszechny Bank Kredytowy (PBK). (Parkiet, page 1) ... One of Poland's largest oil firms, the Wroclaw-based Dexpol is to expand its network of gas stations from 33 to 100 within the next two to three years. (Puls Biznesu, page 8) ... One of the last Polish-owned tobacco firms Lodzka Wytwornia Papierosow (LWP) has found itself in a difficult financial position, a situation it attributes to the intense competition on the domestic market coupled by the recent hikes in excise tax. (Puls Biznesu, page 9) S.M.