In Brief: Netia; Elektrim; PPL; Royce Polska closes; Colloseum Judge resigns

Over 90% of Netia creditors agreed to accept two additional emissions of com pany shares as part of a debt conversion plan. Netia wants to take part in t he future consolidation of the domestic telecommunication market. Its shareh olders will make final decisions at tomorrow's shareholders meeting. (Puls Biznesu, pp. 1, 8) ... Bondholders in Elektrim did not agree to a suggestion proposed by the management board, they are against having their debts reduce d and being paid in installments. Meanwhile, Elektrim cannot sell its subsid iary ET after its value was officially fixed at zl. 2.4 billion. (Puls Bizne su, pp. 1, 8) ... Polish State Airports (PPL) presented new conditions for a tender to expand Warsaw's Okecie Airport to the companies who are participat ing in the bid. PPL reserved the right to introduce further modifications d uring the tender and oblige a future contractor to gain all the necessary bu ilding permits. (Rzeczpospolita, p. B3) ... Royce Polska, a shoe producer in Nowy Targ owned by Royce International New York is closing its factory, due to the loss of a major American client. Over 300 people will lose their jobs . (Puls Biznesu, p. 11) ... Judge Andrzej Rembisz of the court in Katowice r esigned from his post. He participated in the Colloseum trial and was accuse d by Justice Minister Barbara Piwnik of "insulting the law" after he botched the arrest the Colloseum chefs. (Gazeta Wyborcza, pp. 1, 2, 4) A.D.