In Brief: Jelfa plans; Stocznia Gdynia loan; ZPC Ursus tractor investor

Pharmaceutics company Jelfa plans to invest some zl.165 million by 2003 in its modernization and the introduction of new technologies. According to Jelfa president Slawomir Kryszkowski, the company has already set aside some zl.60 million of the investment, and the remainder will be obtained from either future profits, or a bank loan. (Rzeczpospolita, p. B3) ... ING Bank Slaski will grant Stocznia Gdynia shipyard a loan valued at almost $30 million for financing the construction of a bulk carrier for an American ship-owner. The contractor has signed a deal with Stocznia Gdynia for the supply of seven large cargo ships, and the loan will finance the construction of the second. (Puls Biznesu, p. 4) ... ZPC Ursus tractor producer has found a financial investor for its subsidiary Fabryka Ciagnikow. The new investor, which is a domestic bank, will bring the company a capital injection and increase the annual production of tractors from 2.500 to 5,000 in 2002. (Puls Biznesu, p. 5) P.J.