In Brief: Lpp debut; Agora records profits; fuel hikes; PKP cargo in 1st qtr
Gdansk-based apparel distributor and retailer Lpp S.A. which, plans a debut
on the bourse this year, has pledged to inject zl 8 million in expanding its
retail chain. (Rzeczpospolita, page B5) ... The financial group Agora S.A.,
publisher of the daily Gazeta Wyborcza, recorded net earnings of zl. 126.6
million in 1999. The group has announced an expansion into the internet and
radio broadcasting media in the near future. (Rzeczpospolita, page B4) ...
Rafineria Gdanska has announced it will hike the price of gasoline and
diesel by zl. 50 and zl. 80 per ton respectively, a decision it attributes
to the rise in price of petroleum products on the global market coupled with
appreciation of the dollar relative to the zloty. (Prawo i Gospodarka, April
22-24, page 2) ... Polish State Railways (PKP) has recorded a rise by
300,000 tons in volume of freight in the first quarter of this year relative
to the corresponding period last year, thanks to record transportation of
iron and steel products. (Prawo i Gospodarka, page 4). S.M.