In Brief: Optimus; strategy; Elektrim reserves; Second quarter bank profits
Yesterday, the Supervisory Board of Optimus, a top player on the IT market,
accepted the company budget for 2002 and mid-term strategy. Optimus will
focus on producing computer hardware and not on software or hardware
integration. The full strategy will be announced later this week. (Puls
Biznesu, p. 6) ... Elektrim has created a reserve of zl. 259.2 million in
the second quarter to cover the future costs of servicing its liabilities.
The reserves had a great impact on the zl. 285 million loss the company
recorded in the second quarter. (Gazeta Wyborcza, p. 20) ... The
unconsolidated net profit of ING Bank Slaski rose to zl. 69.3 million for
the second quarter, which was 4.9% higher than in the same period of 2001.
Meanwhile the unconsolidated net profit of Bank Handlowy grew to zl. 60.5
million in the second quarter, which was 9.2% up in comparison to same
period of 2001. (Reuters). P.W.