In Brief: ITI share issue; Polkomtel profits; Polfa Lublin tender; Heros Life
Polish media group ITI plans to conduct its initial public offering in
October-November, floating shares on the Warsaw Stock Exchange (WSE) and
possibly the London Stock Exchange (LSE). (Puls Biznesu, page 8) ...
Mobile telecommunications company Polkomtel S.A., operator of the Plus GSM
network, recorded a net profit of zl. 111.7 million on over zl. 1.65
billion in revenues in the first half of 2000. Plus GSM is the second
largest mobile network in Poland with 2 million users. (Gazeta Wyborcza,
page 21) ... The Treasury Ministry has invited bids for a stake in
pharmaceutical company Polfa Lublin, the domestic leader in production of
intravenous solutions. (Prawo i Gospodarka, page 2) ... A strategic
investor for insurance company Heros Life should be selected by the end of
September. (Prawo i Gospodarka, page 9)
