In Brief: Optimus shares down; Fabryka Bron contract; Aster City; Philips

The shares of Optimus, a producer of computer hardware, yesterday hit a record low on the Warsaw Stock Exchange (WSE), at zl. 8. (Prawo i Gosp odarka, p. 5) ... Radom-based Fabryka Broni SA, a weapons producer, signed a major contract with the Police and Border Guards to supply zl. 17.5 million worth of small arms, including the PM84 Glauberyt machine gun and P-99 gun. The contract is connected with modernizing the arms of these services. (Rzeczpospolita, p. B1) ... According to Reuter's, Enterprise Investors (EI), a fund management company, made an euro 100 million offer to buy from Elektrim Telekomunikacja (ET) a majority stake in Aster City cable tel evision. EI, which used to be a co-investor in Aster City did not officially confirmed this offer, but presented some future plans for Aster City. "We'd like to raise its value and then sell it in about three to five years", said Jacek Siwicki, EI partner. (Puls Biznesu, p. 7) ... Phillips is going to transfer part of its production facilities from Holland to Poland, which result in 400 jobs being lost in Holland. The company said the move was designed to make it more competitive on the European market. (Prawo i Gospodarka, p. 4) A.D.