In Brief: PKN Orlen oil tender; BCC on Kolodko plan; HTS; Mobile phones
PKN Orlen is expected to announce the terms of a tender bid for to provide
it with long-term supplies of crude oil. According to unofficial information
potential contractors include Cyprus-based J&S and BMP, its current main oil
suppliers. (Rzeczpospolita, p. B1) ... The Business Center Club (BCC)
believes that the credit guarantee plan proposed by Finance Minister Kolodko
may destabilize public finances for the next few years. Macroeconomic
stability is endangered because the amount of State Treasury backed credits
guarantees is increasing too fast, believes Jerzy Malkowski, a BCC director.
(Rzeczpospolita, p. B1) ... The Sendzimira Steel Mill (HTS) is not able to
fulfill new production orders as it cannot obtain a zl. 60 million loan to
increase production, said Mieczyslaw Gil, HTS spokesman. The mill lost zl.
149 million during the first half of the year. (Rzeczpospolita, p. B3) ...
Almost 2.5 million mobile phones were sold during the first seven months of
2002. It is believed that another two million mobile phones will be sold by
the end of the year. Nokia remains the unquestionable market leader, with a
27.3% share, according to a poll made by GfK Polonia. Next is Motorola with
a 20.1% market share followed by Siemens (19.4%), Samsung (10%) and Alcatel
(6.8%). The market shares of Sony and Ericsson, operating together since
autumn last year were 6.4% and 5.4% respectively. (Puls Biznesu, p. 7) P.W.