In Brief: Fortis launches Poznan development; Huta Sendzimira; Bogdanka

Property Developer Fortis has launched the construction of Old Brewery - an arts and business center in Poznan - at a cost in excess of zl. 280 million. The first stage of the investment is to be completed in the fourth quarter o f 2003. (Puls Biznesu, p.9) ... Huta Sendzimira (HS) steel mill has already fixed the second date for a meeting of its creditors for July 10. It wants a 40% reduction in its liabilities, which have topped zl. 744.7 million includ ing zl. 260 million to banks Pekao, BOS, Bank Handlowy ING BSK and BPH PBK. If an agreement is not reached, HS may have to file for bankruptcy. (Parkiet , p.9) ... Investors interested in the privatization of Bogdanka coal mine m ay file preliminary offers until August 5. The Elektrownia Kozienice power p lant may be one of the companies participating in the tender. (Puls Biznesu, p. 10) A.Z.