In Brief: KFA seeks investor; AMS may issue shares; SSSB's GSM ratings

Krakow-based bathroom fittings producer KFA Armatura is looking for a sector investor. Negotiations are being held with American, Spanish and Turkish companies. The alternative is that the company, now worth $20m, enters the Warsaw Stock Exchange (WSE) in 2004. (Puls Biznesu, p. 6) ... Today the shareholders of media and advertising group AMS will make a decision concerning the issue of 750,000 to 1 million shares. The issue will open the door for the investor the company has been waiting for, probably Agora. (Puls Biznesu, p. 6) ... On Saturday Szczecin got a new road as part of a new communications artery. The whole investment, worth zl. 460 million, will be completed in 2003. (Puls Biznesu, p. 12) ... Analysts from Schroder Salomon Smith Barney (SSSB) have made no alterations to their assessment of Polish cellular phone operators. Centertel, whose income rose by 34% in the first quarter of this year, is leading the market, but Polkomtel and PTC also have good financial results. Altogether the operators have 10.8 million clients in Poland. (Puls Biznesu, p. 5) A.D.