In Brief: Metro AG doubles investment; Becks; BPH planned investments
The company plans to increase its investments in Polish shopping centers to DM 2.6 billion within 3-4 years. Metro has five shopping centers across Poland and plans to launch four more this year. In 1998 the turnover in Poland was DM 3.5 billion. (Reuters) ... Kompania Piwowarska (KP), one of the largest beer distributors in Poland with 20% of the Polish beer market, signed a contract with the German producer of Becks beer. KP will be the sole distributor of Becks in Poland. (Prawo i Gospodarka, page 28) ... Bank Przemyslowo Handlowy S.A. (BPH) is going to earmark zl. 298.5 million for the purchase of new computers and construction. In 1998 the bank spent zl. 140.2 million for the same purposes. (Reuters)