In Brief: Nordea brokerage house; Czechowice Refinery; HSW Daewoo-FSO
The Securities and Stock Exchange Commission yesterday agreed to Nordea Bank Polska's request to commence brokerage services. These activities will be carried out by a separate company, which will be organizationally and financially independent. (Parkiet, p. 3) ... Czechowice Refinery is in negotiations with potential investors to finance a PET production facility worth EUR 250 million. (Parkiet, p. 4) ... Huta Stalowa Wola (HSW) steel mill will earn $10 million on the sale of construction machines to Serbian EPS. The delivery of the products is to be completed by the end of the year. (Puls Biznesu, p. 5) ... The management of Daewoo-FSO was in last-chance talks yesterday with creditor banks concerning a 50% reduction of its debts, which stand at zł. 500 million. The results of the negotiations have not yet been revealed. (Puls Biznesu, p. 8) A.K.