In Brief: Optimus S.A.; Telecom loss; German can maker; PTC net profit
The share price of computer company Optimus S.A. went up on Friday by 25% to
zl. 190 in the single price auction system. Investors began feverishly
purchasing Optimus shares, expecting a public tender for the stock in the
future. (Reuters) ... On Friday the Sejm approved changes to the
telecommunications law. As a result of adjusting Polish law to European
Union (EU) standards, the telecoms market will be fully liberalized for
local and long-distance calls starting in 2002. The international market
will be open in 2003. (Reuters) ... German can producer Schmalbach-Lubeca
opened a plant in Niepolomice on Friday. The investment is worth DM 33
million. (Reuters) ... Polska Telefonia Cyfrowa (PTC), Poland's largest
mobile phone company, noted a net profit of zl. 31.5 million in the first
three months of the year. The result was possible due to the strong zloty at
the beginning of the year. (Reuters) K.S.