In Brief: Polkomtel's UMTS investment; Polmos Bialystok sale; Daewoo

Polkomtel, one of three domestic mobile phone operators, has announced plans to invest over $1 billion in UMTS development. Polkomtel president Marek Mroczkowski said that the company is hoping to enter into cooperation with rivals PTC and Centertel in order to cut the costs of introducing the new technology. (Puls Biznesu, p. 7) ... The Treasury Ministry has received two offers for a 51% stake in the biggest domestic spirits producer, Polmos Bialystok. Although the names of the companies have not officially been made known, it is believed that they are a German consortium of Eckes and V in&Spirit, and British company Allied Domecq. Polmos Bialystok is estimated to be worth between zl.400 million and zl.600 million. (Rzeczpospolita, p. B4) ... The court in Lublin will today examine a motion that Daewoo Motor Lublin enter into receivership. The company's management submitted the motion, after it was unable to pay debts totaling zl.500 million. (Gazeta Wyborcza, p. 21) M.K.