In Brief: No equity increase for Kompania Węglowa; New trains deal under threat

The Treasury does not want to increase equity of the state-owned Kompania Węglowa mining concern by transferring its share issues of PKN Orlen and KGHM. Deputy State Treasury Minister Tadeusz Soroka is looking for a different solution together with Ministry of Economy, but he has not revealed the details. (Puls Biznesu, pp. 1,3) ... It is unlikely that many voivodships will manage to invest the zł. 550 million earmarked for the purchase of new train fleets by the end of June 2005. The government delayed the decision to transfer money to local governments, thus they could face problems putting the deals together before the deadline. (Puls Biznesu, pp. 1,6) J.J.