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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.

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