In Brief: I&B System; Lubawa; Kompap sells land to pulp maintenance bills

I&B System, a domestic IT firm, is to debut on the bourse on July 2 with the sale of 2 million shares. Currently, 16% of its stock, worth over zł.3 million, is in the hands of Bank Przemysłowy. (Parkiet, p. 4) ... The shareholders' meeting of Lubawa, a domestic tourism, sports and military equipment producer, voted to enhance the company's capital by zł.200,000, up to a figure zł.5.8 million, by floating 100,000 shares that can only be bought by the firm's managers. Most of last year's zł.1.87 million income will be paid out in dividends. (Parkiet, p. 4) ... Kompap, a paper producer, has sold real estate worth zł.5.6 million in Łódź for zł.3.3 million. While this may seem to be a loss, the transaction is a step towards getting rid of unnecessary assets in order to lower maintenance costs and should save the firm about zł.40-45,000 a month. (Parkiet, p. 5) D.W.