In Brief: Handlowy sale; NBP; Speedpol; Tobacco taxes; Kogenracja shares
The Treasury Ministry has cleared J.P Morgan, Zurich Insurance and Swedbank,
who jointly possess 33% shares and bonds in Bank Handlowy, to dispose of
their stakes on condition that the eventual buyer would be Citigroup. (Prawo
i Gospodarka, page 11) ... The National Bank of Poland (NBP) has reported
net earnings of zl. 2.29 billion for the 1999 financial year. (Prawo i
Gospodarka, page 1, 11) ... The hauling firm Speedpol has won a tender to
offer comprehensive logistical services to the Polish subsidiary of
Germany's Metro AG. (Prawo i Gospodarka, page 4) ... The Central Customs
Office (GUC) has discovered that tobacco companies owe the Treasury about
zl. 700 million due to miscalculated customs taxes. (Zycie, page 1) ... The
German electricity group CESO AG has acquired a 5.2% stake in the power and
heating plants group Kogeneracja. (Reuters) S.M.