In Brief: Naftobudowa; WSE privatization; Legia; Arkadia mall; ZEDO
Today is the last day that the Treasury Ministry will accept offers from entities interested in advising on the privatization of the Warsaw Stock Exchange (GPW). Five applications await consideration. (Parkiet, p. 3) ... The Legia SSA football club recorded $1.64 million in revenues for the first six months of the year. At the beginning of April ITI group bought 80% of Legia's shares for $1.5 million. (Parkiet, p. 5) ... Today the biggest mall in Central Europe, Arkadia, was opened in Warsaw. The investment, worth about zł.1.13 million, was conducted by the European Retail Enterprises (ERE) and Beg Group. (Parkiet, p. 6) ... The Treasury Ministry is planning to sell Zespół Elektrowni Dolna Odra (ZEDO) power plant group in 2005. Negotiations with investors will start at the turn of the new year. (Parkiet, p. 6) A.F.