In brief: Huta Szczakowa; LOT privatizes; Eurozet; Polnord and Auchan
Jaworzno-based Huta Szkla Szczakowa glass works wants to invest at least
zl.2.1 million in new equipment. The funds will come from the sale of one
of its five plants. (Puls Biznesu, p.12) ...The decision to continue
privatization of PLL LOT Polish Airlines will be announced after Treasury
Ministry representatives study the company's financial results for 2000;
according to deputy treasury minister Aldona Kamela-Sowinska, good
financial performance is the main requisite for the company to be listed
on the Warsaw Stock Exchange (WSE). (Prawo i Gospodarka, p.3) ... Media
holding Eurozet, the owner of Radio Zet and Radiostacja, wants the leading
position on the domestic radio market and is thus considering takeovers of
local radio stations. In the near future the group's investments will
likely total more than zl.40 million. (Puls Biznesu, p.6) P.J....Polnord
has announced it will construct a shopping complex in Bydgoszcz for
Piaseczno-based Auchan Polska for zl.60 million. At the end of third
quarter 2000, Polnord had recorded net profit of zl.4 million with
zl.169.3 million in revenue, a significant gain compared to zl.2.3 million
and zl.89.6 million, respectively, in 1999. (Prawo i Gospodarka, p.13)
M.K.
