In Brief: Lockheed Martin; Decision on A1 motorway; Hermes in Poland
Lockheed Martin (LM) is to present an offset bid to the Polish government by
mid-July in exchange for Poland's purchase of LM military aircraft.
Yesterday the concern started talks on cooperation with Polish civil and
defense companies. If Lockheed Martin wins the bid for military aircraft,
American companies will invest about $3.5 billion in the Polish economy.
(Rzeczpospolita, p. B1) ... In a few days the Infrastructure Ministry is to
decide whether to finance the A1 motorway from private or state funds. The
Gdansk Transport Company, which holds the license to build the Gdansk-Torun
motorway, has not started construction, claiming the investment will not pay
back. (Zycie, p. 9) ... German insurer Hermes has applied to the Finance
Ministry for a license and plans to start operating in Poland in six months.
To date, Hermes loan insurance has been sold in Poland by Allianz. (Puls
Biznesu, p. 6) K.S.
