In Brief: PKN favors OMV, BRE's gloomy forecast, Softbank's zl. 16m deal
CEO of PKN Orlen Andrzej Modrzejewski admitted that even though the
government had granted exclusive negotiation rights to Hungarian MOL for the
privatization deal, he favored the Austrian OMV to become the investor. "Not
only me but the whole board of directors was in favor of a merger with OMV,
mainly because the economic situation around the world is complicated. Orlen
is a company which is financially stable, similarly to OMV. MOL, however,
has problems with its gas department," he said. (Parkiet, p.2) ... BRE Bank
will decrease its 2001 profit forecasts from zl.404 million to zl.325
million - zl.360 million, after announcing zl.236.8 million net profits for
the past 9 months compared with zl.292.3 million for the same period last
year. (Parkiet, p.5) ... Softbank has signed a deal worth zl.16 million with
a client from the public administration sector. The contract concerns the
delivery of computer related services. (Parkiet, p.4) A.K.