In Brief: PKN hikes gas prices; BRE retail; PZKB on sale; WP capitalization
Oil producer and distributor Polski Koncern Naftowe (PKN) is to hike the
price of gasoline and diesel by zl. 50 and zl. 90 per ton respectively as of
today. (Prawo i Gospodarka, page 2) ... The board of Bank Rozwoju Eksportu
(BRE) will today endorse the planned launch of the bank's retail operations
which is expected to combine a network of small branches with e-banking. The
initial investment in the venture is estimated at $50 million. (Prawo i
Gospodarka, page 10) ... The Privatization Agency has invited tenders for
51-80% shares in building materials producer Pinczowski Zaklad Kamienia
Budowlane (PZKB). (Prawo i Gospodarka, page 3) ... Shareholders of one of
Poland's largest internet portals, Wirtualna Polska (WP), are expected to
approve a zl. 4 million capital injection into the firm during a meeting on
May 8. (Rzeczpospolita, page B3) S.M.