In Brief: Insurer PZU; OPDF debt; Farm Agro problems; Janina ownership

The financial resources from the loan will be earmarked for paying liabilities to Vistula's creditors BZ WBK and WestLB. (Puls Biznesu, p. 6)... Creditors of Polish Pharmaceutical Distributors Organization (OPDF) have agreed to write off 30% of OPDF's liabilities. OPDF's distributors have pledged to pay back the remaining zł. 62 million over one month. (Puls Biznesu, p. 6)... Farm Agro Planta (FAP), which earlier had ambitious plans of taking over the largest chemical plant, is balancing on the verge of bankruptcy. The FAP's assets have been unofficially estimated at zł. 18 million however bankruptcy procedures have not yet been launched since the company has submitted a complaint against the bankruptcy motion. (Puls Biznesu, p. 6) ... Janina coal mine will change ownership. Firstly it will be taken over by Spółka Restrukturyzacji Kopalni and subsequently by PKE an energy concern from the southern Poland. (Puls Biznesu, p. 8) A.Z