In brief: Munich Re & Ergo Hestia; aircraft tender rescheduled; Cefarm denial

Munich Re, the world's largest insurance group, plans to increase its stake in Ergo Hestia of Poland, from the current 65% to 95%. According to Heiner Hasford, deputy president of Munich Re, the deal should go ahead in the near future. (Prawo i Gospodarka, p 7) ... The Defense Ministry has changed the schedule for submitting bids to supply multi-functional planes for the Polish air force. Although ministry spokesman Major Jerzy Smolinski refused to reveal any details, it seems certain the tender will not be completed before this year's parliamentary election, as had been planned by former Deputy Defense Minister Romuald Szeremietiew. (Prawo i Gospodarka, p. 2) ... State-owned pharmaceuticals company CF Cefarm has denied having any connection with Cefarm-Nieruchomosci, despite setting the company up six months ago. Some analysts are suggesting that the subsidiary may have been formed with the aim of improving results on paper prior to Cefarm's privatization. (Puls Biznesu, p. 7) P.W.