In brief: Gilmar's zl.40 million; Zelmer's two-year plan; Beton Stal waits
Gilmar Refinery (GR), currently facing growing competition from both PKN
Orlen and refineries in Slovakia and the Czech Republic, is relying on help
from Nafta Polska. According to GR president Zbigniew Moson, the management
is not in a position to rescue the firm, which currently needs a zl.40
million capital injection. (Puls Biznesu, p. 3) ... New president of AGD
Zelmer, Andrzej Libold, says Treasury Minister Wieslaw Kaczmarek has given
the company two years to complete its restructuring. At the end of that
period the Treasury intends to return to the matter of Zelmer's
privatization. (Puls Biznesu, p. 5) ... Beton Stal is awaiting a decision by
the Warsaw Stock Exchange (WSE) board on its withdrawal from the bourse.
However, shareholders in the building materials producer are hoping Sigma
Trade, until recently interested in buying the company, will return to
negotiations. (Puls Biznesu, p. 4) A.Z.