In Brief: ITI to buy Onet; TPSA shares for Szczecin Shipyard; Amica Wronki
Polish media conglomerate ITI announced yesterday a call for a tender to buy
40% of Onet portal. "This bid is a part of our strategy to strengthen our
leading position on the Polish media market," said ITI chief executive Jan
Wejchert. (Reuters) ... Economy Minister Jacek Piechota said on Tuesday that
the government would transfer almost 1%, worth $41 million, out of its 20%
stake in telecom giant TPSA to the Industry Development Agency (ARP), which
will use the shares as collateral to fund the troubled Szczecin Shipyard.
(Reuters) ... Amica Wronki, the biggest Polish producer of household goods,
plans to increase its export sales by 100%. "This year we want to double our
income from export to zl. 320 million by the end of the year," said Wojciech
Kaszynski, president of Amica. (Puls Biznesu, p. 7) P.W.