In brief: Goodrich investment; PKN Orlen talks; Rafineria Gdanska sale
Unofficial sources quoted by Puls Biznesu suggest that the Goodrich
Corporation, the US owner of aircraft undercarriage maker Goodrich Krosno,
plans to spend $12 million on the Polish company's development. Previously
the US company had announced plans for a $6 million investment. (Puls
Biznesu, p. 8) ... The negotiations on the sale of a 17.58% stake in fuel
giant PKN Orlen may be concluded by Wednesday, according to Nafta Polska,
the agency in charge of the sale. An announcement on whether OMV of Austria
or MOL of Hungary has been chosen can be expected no earlier than Thursday.
(Prawo i Gospodarka, p. 15) ... The Treasury Ministry has said it will ask
the Cabinet tomorrow to approve the sale of a strategic stake in Poland's
second largest oil refinery, Rafineria Gdanska, to Rotch Energy. The sale of
a 75% stake in the refinery is expected to raise as much as $300 million.
(Reuters) A.Z.