In Brief: Glamour; Warbud; Comarch; PKP; Hotels GE; PGNiG
Sales of the first three editions of Glamour magazine have totaled 330,000, almost doubling the level guaranteed by the publisher to the magazine's advertisers. An undeniable attribute of the magazine is that it has the lowest price in the women's luxury periodicals sector. (Rzeczpospolita, p. B3)... Warbud has signed a zł. 71 million contract for the construction of a manufacturing plant, Valeo Lighting Systems, in Chrzanów. The company has also signed an agreement worth zł. 20.5 million with the Kwidzyn munic ipality. (Parkiet, p. 3)... Comarch has signed a zł. 1.8 million contract with the Finance Ministry for the design and implementation of an IT system for the General Inspector for Financial Information. The system will help prevent money-laundering and the financing of terrorism (Rzeczpospolita, p. B3)... Yesterday, Polish State Railways (PKP) cancelled 127 connections, and announced that 46 routes would be shortened, 120 would operate on different dates (e.g. only on weekdays), and 25 would have their routes shortened and operating days changed. (Puls Biznesu, p. 4) .. French company, Hotels GE, the owner of Campanile network, has started the construction of a new hotel in Lublin. The unofficial estimate of the investment's value stands at zł. 20 million. The first guests are expected to check in sometime in September 2004. (Puls Biznesu, p. 10)... According to the government's restructuring and privatization programme, up to 30% of Polish Oil and Gas (PGNiG)'s shares are to be floated on the Warsaw Stock Exchange. The public offer is planned to take place by the middle of next year. (Parkiet, p. 4) K.Z.