Skip to content
Advertisement

Business

In Brief: Mobile telecom licenses; Huta Katowice debts; Cukrobank loan

The Economy Ministry has offered the country's independent telecoms companies more time to pay for their licenses. However, the three major players, Netia, Telefonia Lokalna and El-Net, have rejected the offer, and instead say they will appeal to the Constitutional Tribunal for the cancelation of the remaining installments of euro 400 million. (Puls Biznesu, p. 4) ... The Treasury and Economy Ministries, together with Huta Katowice steel mill, will today submit proposals to the mill's creditors for paying off its debts. The consortium of banks granted Huta Katowice a zl.400 million loan three years ago. (Puls Biznesu, p. 9) ... Wroclaw-based Cukrobank has been granted a zl.80 million loan by Bankowy Fundusz Gwarancyjny. The company, which is currently experiencing financial difficulties, plans to spend the money on its development. (Puls Biznesu, p. 10) P.J.

More from Business All