In Brief: Millennium Bank; Hoop; Centrozap

According to a report in yesterday's Wall Street Journal, in August this year the US administration will select a consortium of international banks to operate the Iraqi Trade Bank. Domestic bank, Millennium, was quoted to be among the banks in question. (Parkiet, p. 1)... In an official announcement issued yesterday, the management of soft drinks producer Hoop, denied accusations that it had artificially increased its financial results. "Our firm has made no agreements aimed at achieving increased sales and net results," said the announcement. (Parkiet, p. 3; www.onet.pl)... Because of the very difficult financial situation of Katowice-based Centrozap, the management of the firm has turned to the Warsaw Stock Exchange to de-list its shares from public trading. In February this year, Centrozap's property was taken over by the company's creditors. (www.onet.pl) A.Z.