In Brief: Inter Groclin 2003 results; Emax; Jelfa; News Corporation

The president of Inter Groclin Auto Zbigniew Drzymała announced that his company will post a 2003 profit of zł. 34 million. This is a 16% improvement over 2002's results. (Parkiet, p. 2) ... Poznań-based IT company Emax has won a tender to supply the police with a tele-transmission network, which is worth an estimated zł. 15 million. The deal will be co-financed with Phare funds. Thanks to the contract, the company will also take part in similar tenders in other Eastern European countries. (Parkiet, p. 4) ... Pharmaceutical concern Jelfa has passed its five-year development program. It envisages revenues of zł. 620 million with exports accounting for 30% of sales. Moreover, the company plans to record a 15% profitability level with a 2.7% market share in terms of volume. (Parkiet, p. 4) ... News Corporation, belonging to media tycoon Rupert Murdoch, denied speculation about its possible investments in Poland. The company said it does not want to buy neither TV Polsat nor daily Życie Warszawy. (Parkiet, p. 5) M.M.