In Brief: Mokate's plantation plans; steel restructuring; another gas pipeline
Poland's largest cappuccino producer, Mokate, has announced plans to
purchase a coffee plantation in Ecuador. President of Mokate, Marek
Tarnowski, told Gazeta Wyborcza the acquisition will guarantee the company a
reliable supply of coffee at a steady price. Mokate's revenue last year was
zl.230 million, while this year it anticipates a figure of zl.280 million.
(Gazeta Wyborcza, March 2-3, p. 25) ... The government has accepted a
restructuring plan for the ailing steel sector. The plan envisages the
restructuring of the sector's debt, the consolidation of Poland's largest
steel mills, and ultimately their sale to a foreign investor. The government
expects the first effects of the reform to be evident by the end of 2003.
(Gazeta Wyborcza, p. 22) ... Polish-German company KB Gaz Technologia i
Energia is planning to construct a gas pipeline through Northwest Poland.
The Polish part of the project will cost an estimated zl.60 million.This,
the fourth pipeline investment planned for Northwest Poland, represents
competition for the Bernau-Szczecin line, promoted by Aleksander Gudzowaty.
(Puls Biznesu, p. 6) M.T.K.