In Brief: Netia; Prokom & Softbank; Polonia & HypoVereinsbank; Fuel prices
Fixed-line telephone operator Netia president Meir Srebernik is leaving
his post at the end of the year, a company statement said Monday. A search
for his successor is underway. (Reuters) ... At yesterday's trading on the
Warsaw Stock Exchange (WSE), IT firm Prokom Software S.A. purchased 9.99%
shares in Softbank S.A. The remaining Softbank shares purchased yesterday
were bought by CA IB Investment Bank, which has had a long cooperation
with Softbank. (Prawo i Gospodarka, page 12) ... Austrian insurer Uniqa is
buying the two Lodz-based life and property insurance firms under the
brand name Polonia. (Prawo Gospodarka, page 1) ... HypoVereinsbank of
Germany has requested permission from the Bank Supervisory Commission
(KNB) to buy sufficient shares to enable it to attain the 66% shareholder
votes threshold of Powsczechny Bank Kredytowy (PBK). (Prawo i Gospodarka,
page 1, Rzeczpospolita, page B5) ... Oil producer and distributor Polski
Koncern Naftowy (PKN) Orlen has cut fuel prices by between zl. 20 and zl.
40 per tonne. The move could mean a drop in the price of unleaded Super
Plus 98 gasoline by zl. 0.04 per liter while diesel is to come down by zl.
0.02. (Rzeczpospolita, page B2)
