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)