In Brief: Fortis mortgages; Auchan mall; BZE; Dairy M&A; Ikea supplier
Fortis Bank Polska has introduced mortgage loans which can be drawn in
either zloty, US-dollar or euro with maturation dates from five to 15 years.
Priority will be given to current Fortis Bank account holders. (Puls
Biznesu, page 4) ... The retail chain Auchan is to open a zl. 100-million
27,000 square-meters shopping mall in Silesia. (Puls Biznesu, page 3) ...
Power plant Bedzinski Zaklad Elektroenergetyczne (BZE) has applied to the
Energy Regulatory Office (URE) for permission to raise its prices. BZE sells
some of the cheapest power, mainly to steel mills and mines in Lower
Silesia. (Puls Biznesu, page 3) ... As a result of ongoing mergers and
acquisitions among dairies, it is expected that eventually only 100 out of
the current 300 will remain on the market. (Rzeczpospolita, page B4) ...
Furniture-manufacturer Holwerk has opened a new zl. 23-million plant in
Drygaly to make furniture and packaging units for Ikea. (Rzeczpospolita,
page B2) S.M.