In Brief: PKP's bond issue agent; Deutsche Bank; Danuta & Sophia Loren

Polish State Railways (PKP) has announced that in the middle of March it will begin the procedure for selecting an agent to manage its zl.1 billion bond issue. (Prawo i Gospodarka, p. 2) ... Deutsche Bank has decided to close its investment banking branch in Warsaw, effective today. Services for companies operating in Poland and Central and Eastern Europe will be handled out of London and supported by other Deutsche Bank units operating in Poland, including Deutsche Bank Polska, DB Securities and Deutsche Bank 24. (Prawo i Gospodarka, p. 5) ... Malbork-based pasta producer Danuta will next week launch an advertising campaign featuring Sophia Loren. The Italian actress will be promoting Malma pasta, in a series of advertisements costing over zl.2 million. To coincide with the campaign Danuta is increasing pasta production by between 20% and 30%. The company is expecting revenues to rise to zl.140 million this year, from zl.120 million in 2001. (Prawo i Gos podarka, p. 6) A.Z.