In Brief: KBC, Kredyt Bank; Eliza; Avon

Belgium's KBC group, the strategic investor of Kredyt Bank, has increased its share in the capital of the bank to 113,086,331 shares, giving them a 76.5% stake. (Reuters) ... The Securities and Stock Exchange Commission (KPWiG) has decided to withdraw the shares of jewelry trading company Eliza S.A. from public trading. The decision was influenced by unreliable and false information published by Eliza in its financial reports. (Parkiet, p.4, Reuters) ... US-based cosmetic producer Avon has concluded its 10th year of operation on the Polish market. It has managed to obtain 10% of the cosmetic market, investing zl. 389 million. This year the company intends to invest a further zl. 35 million in the infrastructure of its plant in Garwolin. (Puls Biznesu, p. 11) A.Z.