In Brief: Kulczyk's intentions; CA IB stake; Daewoo TU; LOT directors

In a statement, KULCZYK HOLDING has declared his long-term capital eng agement in PKN Orlen, denying rumors that he would eventually sell his stake to Russia's Jukos. (Rzeczpospolita, April 19-21, p. B1) ... According to Rzeczpospolita, German BAYERISCHE HYPO-UND VEREINSBANK, which intended to float 25% of their Bank Austria Creditanstalt (BA CA) on the Warsaw Stock Exchange, will only sell a quarter of that stake on the Polish market, an offer worth at least zł. 1 billion. (Rzeczpospolita, April 19-21, p. B1) ... Insurer DAEWOO TU is short of over zł. 110 million needed to cover its insurance liabilities. The consortium saving the company only has zł. 15 million in cash, and it wants the rest to be made up of Ciech shares. (Rzeczpospolita, p. B3) ... April 30 is the scheduled date for the General Shareholders' Meeting of PLL LOT Polish Airlines, during which two board members will lose their jobs. Company trade unions have turned to the Treasury Minister with their own candidates for the new supervisory board members, and appealed to appoint people acquainted with the airline bu siness. (Rzeczpospolita, April 19-21, p. B2) A.K.