In Brief: Naftobazy; Talanz AG; American investment set to increase
According to unofficial information, in the near future the Treasury
Ministry will send out invitations for the privatization of fuel company
Naftobazy. El-Paso, German concern Oiltanking and US-based Keneb Pipeline
are among those shortlisted to acquire a 65% stake in Naftobazy. (Parkiet,
p. 1) ... German holding Talanz AG is to purchase more than a 90% stake in
insurance companies Towarzystwo Ubezpieczeniowe Samopomoc and Samopomoc
Zycie. Securo Investments of Belgium, the previous owner of the two
insurers, has withdrawn from the Polish market. (Parkiet, p.7) ...The
American Chamber of Commerce in Poland expects more American investment
following the visit of US Undersectretary Grant Aldonas to Warsaw. According
to the Chamber's Mac Raczkiewicz, in order to attract American capital,
Poland should make changes to its commercial law. (Prawo i Gospodarka, p. 4)
A.Z.
