In Brief: Hops farmers; Polmos; Starwood; Stena Line; Corus; PKN Orlen
In Brief: Hops farmers; Polmos; Starwood; Stena Line; Corus; PKN Orlen
Polish hops farmers must wait until mid-2001 to receive zl. 9 million
from Zywiec brewery. The money will be spent on investments in planting
and processing hops. Another company waiting for the money is Instytut
Nawozow Sztucznych in Pulawy, where a beer extracting line is under
construction. (Puls Biznesu, page 6) ... The Potocki family, the pre-war
owners of Polmos Lancut distillery now due for privatization, have been
officially recognized as the inheritors of the company. The court is yet
to decide whether the company should be returned to them. (Puls Biznesu,
page 5) ... Starwood Hotels & Resorts will build a five-star Westin hotel
in Warsaw. The company already owns one of the most luxurious hotels in
the capital--the Sheraton. (Puls Biznesu, page 8) ... Stena Line
authorities are considering whether the ferry to be added to the fleet
operating between Sweden and Poland should be used for transporting
passengers or for trucks solely. (Puls Biznesu, page 2) ... Dutch-British
company Corus, the investor for Huta Katowice (HK) steel mill says it is
willing to invest in HK more than the promised zl. 2.25 billion though no
exact amounts were disclosed. (Puls Biznesu, page 1,4) ... Polski Koncern
Naftowy (PKN) Orlen has officially announced it is eligible to bid in the
privatization of its sector competitor Rafineria Gdanska. It has already
submitted all required documents. (Rzeczpospolita, page B1)