In Brief: FIAT to move back to Italy?; Orbis shares; El-Net; D'Arcy; Agora
Due to Fiat's problems and plans to reduce the company's staff in Italy,
Italy was hit by major strikes. The Italian government may press the
management of Fiat to transfer the production of the Small car from Poland
to Sicily. Neither the Polish Economy Ministry nor the press office of Fiat'
s Polish subsidiary have information on the issue. (Parkiet, p. 1)...The
Treasury Ministry has received only one binding offer for the purchase of a
4.06% stake in Orbis. The bid was filed by Accor of France, a strategic
investor in Orbis which already holds more than 27% of Orbis shares. (Prawo
i Gospodarka, p. 5)...The BRE Bank-led consortium has extended the deadline
for telecom operator El-Net to repay its zl. 305 million loan to the end of
February 2003. (Prawo i Gospodarka, p. 4) ... Amnesty International Polska
has launched an advertising campaign in the main Polish press on the state
of human rights in the Russian Federation. The strategy for the campaign has
been prepared by the D'Arcy advertising agency. (Media i Marketing Polska,
p. 32) ... Agora S.A. has purchased another monthly, Swiat Motocykli, which
has a circulation of 65,000. (Media i Marketing Polska, p. 24) A.Z.