In Brief: PKN Orlen; Ciech's C share issue postponed; Shanghai Automotive
The candidate will be chosen from a list formed by Korn Ferry International personnel consulting company and a list drawn up by the supervisory board. The winner will take the position over from Janusz Wiśniewski, who temporarily held the post after Jacek Walczykowski. (Puls Biznesu p. 5) ... The floatation of a C series of Ciech's shares has been halted by its shareholder PTU, which fears that it might lose money due to a simultaneous release of its own shares. (Puls Biznesu p. 4) ... The Chinese Shanghai Automotive Industry Corp. held talks with FSO management on Friday and is awaiting further talks with Deputy Economy Minister Jacek Piechota later today. The Chinese company is regarded as a potential key investor in Żerań. (Parkiet p. 7) M.G.