In Brief: Kantar buys SMG/KRC; Alima Gerber; SABA joins with SAP
The world's largest company specializing in consumer research, the Kantar
Group, bought SMG/KRC Media Poland. In 1999 the company acquired a 47% stake
in the Polish company and according to the agreement signed, had the right
to buy the remaining shares. The value of the contract was not revealed. No
changes to the management are planned (Puls Biznesu, p. 8) ... Alima Gerber,
a company processing fruit and vegetables announced plans to lay off 180 out
its 650 employees in its Rzeszow plant. The layoffs are a part of a
restructuring plan as production fell by 52% in 2001. (Puls Biznesu, p. 11)
... Bydgoszcz-based SABA, a system integrator for financial institutions,
owned by Softbank, became a strategic partner of SAP Polska, the largest
producer of management computer systems. This will allow SAP Polska to
introduce new products to the market aimed at banks. (Rzeczpospolita, p. B3)
A.K.
