In brief: Kowary carpet factory; Centrum Zlote Tarasy; Star bus factory
The Kowary carpet factory is reporting some success in its efforts to get
its zl.37 million debt reduced. The factory, located in the town of Kowary
on Poland's southwestern border, has signed a deal with its main creditor,
the French wool supplier Chargeuers, to put 40% of its debt on hold. (Puls
Biznesu, p. 24) ... ING Real Estate plans to build a zl.1 billion complex
over the next three years adjacent to the Central Railway Station in Warsaw.
The Centrum Zlote Tarasy will comprise a hotel, shops and offices. (Puls
Biznesu, p. 7) ... The Star bus factory in Starachowice has sold 253
vehicles so far this year, 54% fewer than in the same period of 2000. The
management of Star, which is owned by MAN of Germany, has announced that the
factory will now concentrate on the production of vehicle parts.
(Rzeczpospolita, p. B2) A.K.