In Brief: Gdynia Shipyard, Holiday Inn, First Polish-American Bank
National Investment Fund Kwiatkowski (NIF No. 9) published a list of 16 candidates-four companies and 12 consortiums-that are bidding to become its management firm. (Parkiet, page 5)...Next year a new Holiday Inn hotel will be completed in Czestochowa at the cost of $8 million. (Gazeta Wyborcza, Nov. 29-30, page 22)...Generale Bank of Belgium will take a 5% stake in First Polish-American Bank from Krakow, not 9.7% as previously announced. (Prawo i Gospodarka, Nov. 29-30, page 9)...On Friday, the Gdynia Shipyard signed a contract with German shipowner Reederei Hermann Wulff to deliver two container ships in 1999...About 40% of all 120 ships belonging to Polska Zegluga Morska (PZM) sail under foreign flags, mainly for the Marshall Islands, the Bahamas, Vanuatu, Liberia, Cyprus, Malta and Norway. (Rzeczpospolita, Nov. 29-30, page 7)
