In Brief: Fiat; PKN Orlen; Danfoss acquisitions; Marie Claire; Bauer-Weltbild
Fiat Auto Poland is to transfer the production lines of its Sienna,
Palio Weekend and Uno models to the plant in Tychy. The Bielsko-Biala
plant will be transformed for the joint production of diesel engines by
Fiat and General Motors. (Prawo i Gospodarka, Aug. 19-20, page 2) ... Oil
producer and distributor Polska Koncern Naftowy (PKN) Orlen has signed a
deal with ABN Amro for a $200 million loan expected to be used to cover
short-term obligations. (Prawo i Gospodarka, Aug. 19-20, page 11) ... The
Danish heating equipment maker Danfoss is to acquire the Polish subsidiary
of IWK of Germany. Danfoss is also vying to takeover two more domestic
firms of a similar line of business. (Puls Biznesu, page 5) ... The Polish
version of magazine Marie Claire is to return to Poland in February 2001
under a different publisher, Hearst-Manguard Publishing. (Puls Biznesu,
page 6) ... Bauer-Weltbild Media Group, a joint venture of the publishing
groups Wydawnictwo Bauer and Grupa Wydawnicza Weltbild, is to launch a new
mail order business for books, video, audiocassettes and CDs based on a
similar system in Germany. (Puls Biznesu, page 6)