In Brief: Icopal; KGHM; PKN Orlen; Petrobaltic; Mostostal; Katowice
Icopal, holding 99.4 % of Izolacja, is going to delist the company from
the WSE. In advance, it wants to acquire 100% of Izolacja. Subscription
for the shares will start 13 October (Prawo i Gospodarka ,7-8 Oct. pp.
1,11)...KGHM copper concern together with PKN Orlen and Petrobaltic are
now past initial talks concerning oil-drilling in the Congo. This is
KGHM's second attempt to do business in that country after a zl. 40
million loss in 1997 (Prawo i Gospodarka 7-8 Oct. page 1,11)... Mostostal
Warszawa construction company is going to enter the development sector by
offering large, inexpensive flats as well as telehotels. The company wants
to spend $50 million to adapt two existing buildings in Warsaw and convert
them into a data center and a telehotel. (Parkiet 7-9 Oct., Page 3)... The
authorities of the Special Economic Zone in Katowice (KSSE) will sell 75
to 80 hectares of land in ten tenders held in November and December. The
price will be zl. 40- 90 per square meter (Puls Biznesu, page 10)
