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Business

In Brief: More and more listed companies; Modlin airport; ZPUE; FSO's woes

Shares of Polcolorit, Koelner, Ivaxs, Praterm, Eurofaktor, Bioton and Pekaes went public. Some 30 other issue prospectuses are still waiting for the green light from the WSE board to enter the bourse. (Parkiet, p. 5) ... The Sejm is looking for money to repair the military airport in Modlin near Warsaw. This is the response for the latest expansion of budget airlines, the traffic of which could soon paralyze Warsaw Okęcie airport. (Parkiet, p. 7) ... ZPUE, a producer of electric machinery, posted a record profit for the first three quarters of 2004. Sales revenues amounted to nearly zł.76 million and were 37% higher than the same period of 2003. (Parkiet, p. 4) ... FSO Żerań lacks capital to fulfill contracts it had signed. The company's management board fears that if the matter of a new investor is not solved by October 29, minor creditors might block any agreements. (Parkiet, p. 8) A.F.

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