In Brief: Pekao; Truck sales; Lotos Ekoenergia; Lukoil; Lucent Technologies
Bank Pekao S.A. sold two out of the four ships it owns from the Szczecin
Shipyard's bankruptcy. The price of the transaction was not revealed, but
Pekao earlier said that it had lent the yard zl. 498 million. The bank
declared the collapse of the enterprise could hurt its bottom earnings line
by zl. 150 million, but it did not change its full year net profit forecast
of zl. 1.4 billion. (Reuters) ... The first half of 2002 witnessed an almost
19% fall in the sales of delivery trucks compared to the same period last
year. The best results were recorded by Volkswagen and Mercedes, which
together have over 28% the market. (Puls Biznesu, p. 4) ... Yesterday
Rafineria Gdanska registered a new company, Lotos Ekoenergia, which will
design and build a heavy crude oil waste processing plant. The new company
will have an investment budget approaching zl. 3.6 billion. (Puls Biznesu,
p. 4) ... Rotch Energy and Lukoil have finally agreed upon the terms of a
joint purchase of a 75% stake in Rafineria Gdanska. Today an official
statement will be presented to Nafta Polska that is privatizing the
refinery. (Rzeczpospolita, p. B5) ... Lucent Technologies has signed a
contract with TPSA to install DSL broadband systems worth zl. 44 million.
(Puls Biznesu, p. 5). A.D.