In brief: Pezetel and Melex; Eaton Truck investment; Bud-Bank and EBRD

Foreign trade company Pezetel, a subsidiary of Quatro Invest, is negotiating the sale of its stake in electric-car maker Melex with two foreign investors. Insiders expect negotiations on the deal to be finalized by fall 2001. (Puls Biznesu, p. 4) ... U.S.-based Eaton Truck Components will invest some $20 million in production facilities at its Tczew-based subsidiary over the next five years. The Americans also plan to create a component suppliers group in the Special Economic Zone (SSE) at Zarnowiec. (Puls Biznesu, p.4)... In the fourth quarter of 2001 Bud-Bank intends to find two investors willing to increase its capital by zl.80 million-zl.120 million. Observers say the European Bank for Reconstruction and Development (EBRD) will likely be among the two. (Puls Biznesu, p. 5) A.Z.