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In Brief: Okocim bond issue; Turkish charter deal; TPSA; Rafineria Jedlicze

A new issue of bonds from the Okocim brewery, worth zl. 200 million and up to 8.5 million shares is being prepared. It will go ahead if at least 6.7 million shares find buyers. Okocim needs capital to create a new brewery group including Piast, Kasztelan and Bosman breweries. (Gazeta Wyborcza, p. 30) ... There is no compromise in negotiations between Polish and Turkish airlines about sharing the charter flights market. The Turkish side backed off from the previous agreement and wants to run 40% of flights, and not 30% proposed by Polish side. (Rzeczpospolita, p. B2) ... The salaries of TPSA management board members went up three and half times last year and bonuses up four times. Their salaries totalled zl. 7 million and they were rewarded zl. 4 million in bonuses. (Prawo i Gospodarka, p. 2) A.D. ... Rafineria Nafty Jedlicze, a crude oil refinery, will probably stop production. Its owner, PKN Orlen is considering the creation of new oil group encompassing Trzebinia i Rafineria Gdanska. (Puls Biznesu, pp. 1, 6)

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