In Brief: Ispat Polska Stal investment plans; Pension fun assets

The Ispat Polska Stal steel mill plans to invest zł.2.4 billion at the end of the year. But a company representative said: "It is necessary to consult the European Commission on this issue." The firm is also distributing shares among employees and negotiating terms of a social package with trade unions. (Puls Biznesu, p. 6) ... The value of net assets controlled by all open pension funds on the market increased at the end of July to zł.53.23 billion from zł.51.77 billion in June. However, due to a fall in share prices and bonds only three out of the 16 funds managed not to record a loss. (Parkiet, p. 1)