In Brief: Jelfa; L'Oreal; Orlen's supervisory board meeting postponed

The Treasury Ministry is very likely to sell a 30% stake of shares in pharmaceutical producer Jelfa, the ministry's spokesperson Magdalena Nienałtowska announced yesterday but refused to disclose more information on the matter. (www.onet.pl) ... The consolidated revenues generated by France-based cosmetic producer L'Oreal in Poland increased to zł. 706.7 million last year, up by 13% on 2002's figures. At the same time, the revenues from sales generated by L'Oreal distributor, L'Oreal Polska, increased by nearly 10%. (Rzeczpospolita, p. B3) ... Yesterday's meeting of the supervisory board of oil concern PKN Orlen was postponed until March 12. At the same time, Treasury Minister Zbigniew Kaniewski said he sees no need to dismiss Orlen's president Zbigniew Wróbel. (Parkiet, p. 3) A.Z.