In Brief: Hoop is booming; Poczta Polska; Orbis; Fischer Group

Yesterday the share price reached zł. 34.9. At the same time the market is speculating that Russian investors are interested in Hoop's shares. (Puls Biznesu, p. 4) ... Infrastructure Minister Marek Pol dismissed director of Poczta Polska (PP) Leszek Kwiatek yesterday. The Ministry claims that by holding a post of a supervisory board member in insurer Polskie Towarzystwo Reasekuracyjne (PTR), Kwiatek broke the anti-corruption law. (Puls Biznesu, p. 8) ... Orbis intends to issue bonds worth zł. 110 million which will partly finance the purchase of 11 new hotels. Moreover, the hotel and tourism company intends to collect financial resources for further bond issues valued at zł. 140 million. This seems to indicate that the entire project will cost zł. 250 million. (www.onet.pl) ... Travel agency Fischer Polska has dismissed fears that the financial dire straits of its owner, Czech Republic-based Fischer Group may in any way disturb the efficiency of its Polish unit. The company meets the terms of the contracts with its clients and intends to continue its operation. (ww.onet.pl) A.Z.