In Brief: OFE Skarbiec; Elektrobudowa; Gino Rossi; Kredyt Bank; Steel output

If the pension fund had not made the purchase, the issue of certificates would have to be annulled. While the Insurance and Pension Fund Supervisory Commission admits that the transaction is legal, it plans to forbid such operations in the future. (Parkiet, p. 1) ... Katowice-based publicly listed Elektrobudowa, yesterday signed a contract with the Łagisza power plant for zł. 38 million, the company's largest deal in the past ten years. Elektrobudowa is to deliver equipment and carry out electrical installations. (Parkiet, p. 2) ... Leading shoe producer, Gino Rossi, announced plans to increase production, further develop its network of branded stores and enter new Western markets. The company plans to accomplish this through an IPO, which is already being prepared. (Parkiet, p. 4) ... Today the shareholders of Kredyt Bank are to make a decision co ncerning a new share issue worth zł. 604 million. All assets will most probably be acquired by the company's main shareholder, Belgium's KBC. (Parkiet, p. 4) ... Steel production rose by 8% last year, while the usage of steel products increased by 6%. Domestic mills produced around 9 million tons of steel as compared to 8.4 million tons a year earlier. (Rzeczpo spolita, p. B1) A.K.