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In Brief: Ozarow buys lime plant; EIB loan for Poznan; Bond issue; Elektrim

On Friday, the Treasury Ministry signed an agreement with cement producer Ozarow over the purchase of an 85% stake of lime producer ZPM Trzuskawica. Ozarow will pay the zloty equivalent of euro 20.36 million for the stake. (Prawo i Gospodarka, p. 3) ... The city of Poznan will borrow euro 25 million from the European Investment Bank to renovate 150 historic buildings in the city center. This is the first time a Polish city received such a loan without any collateral. (Prawo i Gospodarka, p. 7) ... Poland is planning to sell GBP 250 million eight-year international bond, markets sources in London said on Friday. A short list of banks has been drawn up and a decision on who will act as lead manager for the bond and when the the issue will be launched, could be taken as soon as the end of next week. (Rzeczpospolita, Oct. 5-6, p. B1; Reuters) ... The "Management [of Elektrim] has decided to withdraw its bankruptcy motion from the court," Elektrim CEO Wojciech Janczyk said. A Warsaw court had been scheduled to begin hearing the case today. An eleventh-hour debt-restructuring deal on Thursday allowed the company to save itself (Reuters) A.Z.

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