In Brief: PKP; KGHM; ComArch; Air Polonia

The performance of Polish State Railways (PKP) is beginning to improve. In 2002, the company's loss decreased to zl. 1.7 billion from zl. 3.3 billion in 2001. (Puls Biznesu, p. 4) ... It is highly likely that the supervisory board of copper conglomerate KGHM will make changes to the company's management. Two deputy presidents, Stanislaw Siewierski and Witold Bugajski, will be among those dismissed. (Rzeczpospolita, p. B3) ... ComArch has been distinguished by a prestigious American telecommunications magazine, Billing World and OSS Today, as one of the world's best providers of IT solutions for telecom operators. (Rzeczpospolita, p. B.3) ... Air Polonia, in which the main shareholder is Chem Trans Logistics, plans to enter the market of charter services. Their competitors - LOT Polish Airlines, White Eagle and a host of Mediterranean carriers - however, will not give up easily. The battle concerns flights worth zl. 360 million per annum. "Two-thirds of flights will depart from Warsaw and the remaining third from other regional airports," said Adam Wychowaniec, vice-president of Air Polonia. (Puls Biznesu, p. 10) A.Z./K.Z.