In Brief: GZE privatization; Ford to take Daewoo; new HQ for LOT, Can-Pack
The seven candidates shortlisted for the privatization of 25% of Silesian
energy-distributor Gornoslaski Zaklad Energetyczny (GZE) can place binding
offers with the Treasury Ministry tomorrow. (Puls Biznesu, page 4) ... The
shortlist of prospective investors for South-Korean auto-industry giant
Daewoo could be announced today, but may only consist of one name, the Ford
Motor Company. Ford is thought to be offering $6 billion to $7 billion for
Daewoo and all its subsidiaries, including the Warsaw Daewoo-Zeran plant.
(Puls Biznesu, page 11) ... LOT Polish airlines is to have a new
$22-million headquarters built in Warsaw by Budimex S.A. (Puls Biznesu, page
9) ... Can-Pack is to build a $25-million canning factory in Bydgoszcz. Once
the plant reaches full-production capacity in 2002, it will employ 350
people. (Puls Biznesu, page 9) T.J.