In Brief: KSC; ARP; Airpolonia; Wólczanka's new head and strategy

However, the announcement has lead to objections being raised by the Treasury Ministry. (Puls Biznesu, p. 5) ... The Industrial Development Agency (ARP), an institution established to restructure weak sectors and companies, earned zł.8.6 million last year. (Puls Biznesu, p.8) ... Airpolonia, a budget airline, has announced it is looking for an investor, but has denied rumors concerning financial problems at the firm. (Puls Biznesu, p. 8) ... Wólczanka, a clothing manufacturer, has a new president and member of its management board. Recently, PZU, with its daughter companies, officially bought 15% of Wólczanka's shares, although it is possible that the PZU group owns as much as 25% of the company. A spokesperson for PZU would neither deny nor confirm the possibility of closer cooperation between Wólczanka and Vistula, another clothing and textiles concern, in the near future. (Gazeta Wyborcza, p.21) K.J.