In Brief: Mining news; TPSA sells Eutelsat; Zł.1.5 million reserved for Michelin

Meanwhile, sector competitor Katowicki Holding Węglowy, has recorded a net profit of zł.59 million so far this year. The company, in accordance with State Treasury plans, is to debut on the WSE next year. (Parkiet, p. 3) ... Telecom giant TPSA has sold 23 million shares in Eutelsat for zł.140 million, which makes 2.34% of company's capital. The buyer was not revealed. (Parkiet, p. 3) ... A total sum of almost zł.1.5 million has been set aside over the next three years by the Warmińsko-Mazurskie voivodship marshall to create new workplaces in tire producer Michelin's plant in Olsztyn. The funds will come from the Labor Fund reserves. Michelin plans to employ an additional 500 people between 2005-2007 in a possibly enlarged plant. (Puls Biznesu, p. 7) A.K.