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In Brief: Hoop delays public offer; Częstochowa Steel Mill; PKP Cargo

Following an unfavorable report by independent analyst Jarosław Supłacz, soft drinks producer Hoop, decided to postpone its public offer planned for July 17-18. The share issue is now scheduled for the turn of September-October. (Rzeczpospolita, p. B7; Parkiet, p. 1) ... Towarzystwo Finansowe Silesia is to decide today on the list of companies which will be invited to the second round of negotiations concerning the privatization of the Częstochowa Steel Mill. Among the potential investors are US-based Steel Capital Corporation, Ukrainian Donbas and Ispat of India. (Puls Biznesu, p. 5) ... The management of PKP Cargo, the largest rail carrier, announced that its financial results for the first half of the year were much better than envisaged by the restructuring program. The company recorded an increase in revenues over the period by zł. 152.7 million, as compared to the same period last year. (Puls Biznesu, p. 9) A.K.

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