In brief: Ikea investment; TS board; Acciona and Elektrim; Citroen bank
Swedish home furnishings group Ikea will invest $100 million in Poland over
the next three years, adding to the $200 million the company has already
invested in the country. (Prawo i Gospodarka, pp.1,4; Puls Biznesu,
p.12)...Totalizator Sportowy (TS), the state lottery, has completed the
line-up of its board of directors. With the appointment of Klaudiusz Wolny,
TS is now in a position to name the operator of its computer system.
Although no decision has yet been made, it is certain that the consortium of
Wincor-Nixdorf and Pagi will not get the contract. (Prawo i Gospodarka,
p.2)...Acciona of Spain and Elektrim have decided to end their dispute over
the control of construction company Mostostal Warszawa. Both have submitted
letters expressing a desire to find a solution to the problem. (Gazeta
Wyborcza, p.29)...French car-maker Citroen will launch its own bank, Citroen
Kredyt, in Poland. The firm has completed talks with a Polish bank, thought
possibly to be Bank Slaski, about founding the new institution, and is
putting the final touches to the deal. (Puls Biznesu, p.10) J.K.