In Brief: Optimum Media OMD, Era GSM; Tonsil; Ster-Projekt

Five publishers including Axel Springer Polska, Edipresse Polska, Wydawnictwo Bauer, G+J Polska, and "Polityka" Spółdzielnia Pracy, have sent a letter to mobile phone operator Era GSM, in protest at the policies of media house Optimum Media OMD, which is in charge of Era's marketing. Optimum Media, in initial negotiations with the publishers, requested a 60% discount on advertising space for its client. (Rzeczpospolita, p. B4) ... Tonsil, the ailing speaker manufacturer, with debts estimated at zł. 60 million, has announced plans to increase its capital by zł. 4.4 million through a debt-to-shares swap and share issue aimed at creditors. The company also announced a reduction in operating costs by dismissing 50 of its current 750 employees. (Rzeczpospolita, p. B10) ... System Integrator Ster-Projekt, closed 2002 with a net profit of zł. 6.08 million - almost twice last year's. Its revenues amounted to zł. 322.5 million. (Puls Biznesu, p. 6) A.K.