In Brief: Polisa Zycie sell-off; DaimlerChrysler; Elana; ce-market.com
The contract for the sale of 50% of Polisa Zycie insurer by advertising
agency PAI Media will be signed before the end of this year. Among four
potential investors, two domestic and two foreign, the most often
mentioned is Invest Bank (Prawo i Gospodarka, p. 8)...DaimlerChrysler
decided against creating a subsidiary in Poland dealing with investment
projects outside the car maker's core activities. It is also contemplating
similar moves in other parts of Europe. (Puls Biznesu, p. 8)...Despite the
green light from Competition and Consumer Protection Office (UOKiK),
Multico is unable to take over Elana textile producer due to lack of an
agreement with trade unions at the company. (Puls Biznesu, p.8)...The
Prokom- and Impexmetal-owned Internet metals exchange ce-market.com is
aiming for 1% of the zl.30 billion metal trading market by the end of next
year. The company is expecting to reach a zl.10 billion turnover in three
years and to start generating profits in 2002. (Puls Biznesu, p.6) J.K.