In brief: GATX buys DEC; WSE trading fees; meat sector; Rafineria Gdanska

GATX Rail Overseas Holding Corporation yesterday purchased Panstwowa Dyrekcja Eksploatacji Cystern (DEC), Poland's leading rail transporter of liquid fuel, from Nafta Polska for z?.350 million. (Puls Biznesu, p.4; Reuters) ... The Warsaw Stock Exchange has decided to cut trading fees by 0.069% as of July 1, 2001. (Parkiet, p.2) ... Meat sector insiders say adjusting the Polish meat industry to EU standards will cost z?.4 billion and add that the sector is ripe for consolidation, suggesting that 2,500 meat plants should be shut down. (Puls Biznesu, p.7) ... Nafta Polska says it is likely to conduct parallel negotiations with U.K Rotch Energy and Hungary's MOL, the two final bidders in the race for a controlling share in Poland's second largest oil refiner Rafineria Gdanska (RG). Nafta chief Micha? Frackowiak said this method would probably be chosen in order to increase chances of successful completion of the deal. He said a decision on how to proceed in the privatization process of up to 75% of RG shares would be announced on Monday. (Reuters) J.K.