In brief: Fiat redundancies; PKN Orlen's price rise; Best & BRE Bank
Fiat Auto Poland may reduce the number of planned redundancies, depending on
the situation on the domestic car market. The company's board has announced
that 400 employees will be dismissed by mid-December instead of the planned
630, assuming that car sales pick up. (Prawo i Gospodarka, p. 4) ... PKN
Orlen is to raise its wholesale gas prices by zl.30 per ton. The increase is
in line with higher prices on the international oil markets, according to
PKN Orlen spokesperson Beata Karpinska. The retail price of PKN Orlen gas
will increase by 3 groszy per liter. (Rzeczpospolita, p. B2) ... Best, one
of Poland's largest credit brokers, has decided to sell its entire issue of
3 million shares worth zl.16.2 million to its strategic investor, BRE Bank.
Best's capital will increase to zl.20.8 million after the share issue. (Puls
Biznesu, p. 9) M.T.K.
