In Brief: low demand for Pekao; Solidarity & Daewoo; tax advisors; Mapei
Demand for Pekao S.A. shares offered in a new issue is low, according to
brokers, who claim investors are discouraged by the slump on the Warsaw
Stock Exchange (Parkiet, p.8)...The Solidarity trade union has made a plea
to the government to buy a controlling stake in Polish subsidiaries of
troubled Korean carmaker Daewoo Motor. (Gazeta Wyborcza, p.22)...The
government has accepted a draft of a law which would make it possible for
European Union tax advisers to be listed on the register of Polish tax
advisers. (Prawo i Gospodarka, p. 8)...Italian chemicals manufacturer
Mapei plans to invest $25 million to construct a production facility in
Gliwice and to acquire the Gorka Cement company. (Rzeczpospolita, p. B2)