In Brief: PKP loan; Prokom bond issue; mobile telecoms ad spending
Polish State Railways (PKP) are likely to
select today the bank consortium which will grant the company a zl.300
million restructuring loan. The Deutsche Bank Polska, PKO BP, Dresdner
Bank Polska and BRE Bank group is considered the favorite. (Puls
Biznesu, p.5)...IT systems integrator Prokom is reported to be pondering
a zl.250 million convertible bond issue, with the bonds to be placed in
New York and London. (Puls Biznesu, p.7)...Polish mobile telecom
companies have spent zl.363.6 million on advertising in the first half
of this year, and acquired 1.54 million new subscribers, bringing the
total up to 8.24 million. (Prawo i Gospodarka, p.1) T.J.
Correction:
In our issue Friday July 27, page 2, we referred to telecom group TDC as
Dutch. TDC is, of course, a Danish company. We apologize for the error.
Poland AM
