In Brief: Fuel prices drop; Opel exports increase; WSiP investor within weeks
weeks
Fuel distributor Polski Koncern Naftowy (PKN) Orlen has lowered the
price of its fuel by zl. 20 per tonne. According to company authorities,
the price decrease is a result of the situation on the international fuel
market. Analysts say the recent government intervention in fuel duties
will have little effect. (Prawo i Gospodarka, page 1,3) ... The exports of
Polish produced Opel vehicles will reach zl. 2.7 billion next year. In
addition the company is counting on high revenues from car parts exports.
This will make General Motors (GM) the fourth biggest Polish exporter.
(Prawo i Gospodarka, page 1,4) ... Wydawnictwa Szkolne i Pedagogiczne
educational book publishing house will be strengthened by a strategic
investor within weeks. The potential partner would be Uniprom paying $75
million for 80% of the publishing house. The runner-up is consortium
Polskie Ksiazki Edukacyjne offering 30% less for the deal however the bid
may yet be called off. (Puls Biznesu, page 6)