In brief: insider trading case; Incenti and Prokom; Polfa Kutno investor
Vice president of Bank Handlowy, Artur Nieradko, is to face trial on charges
of insider trading. This is the first time a case of insider trading has
been taken to court in Poland. (Rzeczpospolita, p. B2) ... Within the next
five years Incenti, which is a subsidiary of TPSA, and Prokom intend to
build up a 20% to 30% share of the Polish IT outsourcing market. The value
of the market is currently estimated to be $180 million. (Puls Biznesu, p.
6) ...The management of pharmaceuticals company Polfa Kutno has selected
Bear, Steams & Co. of the US as its adviser in the search for a sector
investor. A candidate for the purchase of the drugs firm is scheduled to be
selected by the end of 2001. (Rzeczpospolita, p. B2) A.Z.