In Brief: NSK builds new plant; Plock bridge; BGK takes NBP branches
Japanese concern NSK, a major global producer of ball-bearings, plans to
invest almost zl. 90 million in Poland this year and in 2003. NSK opened a
new production facility in Kielce yesterday which has almost 15,000 square
meters of total space and which will employ 430 new employees. (Puls B
iznesu, p. 7) ... Plock regional authorities will open a tender this month
for the construction of a new bridge across the Vistula River, worth zl. 520
million. City authorities are afraid of a shortage of money from state
subsidies to finance the project completely, and will seek to obtain money
from other sources by holding negotiations with companies that could p
artially finance the project. (Puls Biznesu, p. 10) ... This week Bank
Gospodarstwa Krajowego (BGK) will complete negotiations to take over 22
branches of the National Bank of Poland (NBP), located in the capitals of
former provinces. According to Remigiusz Paszkiewicz, Director of the NBP,
the branches will not be needed by the central bank due to Poland's entry
into the EU. (Rzeczpospolita, p. B4) P.W.