In Brief: Pekao Faktoring; Lublin; UMTS equipment; Bogdanka privatizes
According to Rzeczpospolita estimates, the turnover of factoring companies
and banks in Poland amounted to zl.7.5 billion in 2000, an increase of
180% compared to 1999. Pekao Faktoring, a Grupa Pekao SA company, led the
pack, with invoices bought from their clients reaching zl.2.9 billion
(Rzeczpospolita, p.B1)...The city of Lublin is to begin issuing municipal
bonds worth zl.100 million (Rzeczpospolita, p.B3)...Equipment needed for
construction of the UMTS network will be produced in Poland, in a plant
constructed by Singapore-based Flextronics in Tczew in the Special
Economic Zone (SSE) (Rzeczpospolita, p.B1)...Credit Suisse First Boston,
Irish Ekopal and Bud-Eko, together with Elektrownia Kozienice, are
potential purchasers of Bogdanka, the first coal mine to be privatized.
The four answered the Treasurys invitation to the sale of 10% to 45% of
the company's shares (Puls Biznesu, p.7) P.J.