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In Brief: PKN Orlen CEO; Awto ZAZ acquires FSO's debts

On Monday, the management board will decide whether to replace some of the concern's senior executives. "The problem this company has does not lie in production," said Chałupiec. (Parkiet, pp. 1, 6) ... Ukrainian AwtoZAZ has taken over most of the debts of the FSO Żerań car factory. According to undisclosed sources, the plant owed ING Bank Śląski, BPH and Kredyt Bank approximately zł 50 million. Last Friday Bank Millennium agreed to sell its FSO debts to AwtoZAZ for USD 8 million, which Wojciech Kaczorowski, the bank's spokesman considers a good price. (Rzeczpospolita, p. B6)

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