In Brief: Huta Katowice losses; Daewoo back-pay; Emerson revenues

Krystian Kozakowski, V-P Finance for steel mill Huta Katowice, said yesterday that the mill's losses this year will be no less than zl. 0.5 billion. For the first time in its history the steel mill will also record a loss in sales, amounting to zl. 200 million. (Gazeta Wyborcza, p. 20) ... Daewoo Motor Poland (DMP) will pay 3,000 of its employees an average zl. 1,000 in delayed remuneration, after the Guaranteed Labor Benefits Fund made out a bank draft of zl. 2.9 million to DMP. The liabilities of the bankrupt company to its employees exceeded zl. 20 million. According to Leszek Liszcz, DMP's receiver-general, talks are being held on selling the company with three investors, including Pol-Mot, and two European automotive concerns. (Rzeczpospolita, p. B3, Puls Biznesu, p. 4) ... Computer paper producer Emerson Polska expects zl. 140 million in sales revenues in 2001, a 7% increase in comparison to last year's results. (Puls Biznesu, p. 7) P.W.