In Brief: Polmos privatization; Animex; Handlowy; Ball bearings plant tender

The Treasury Ministry is inviting bids for 51% shares in the Lublin-based yeast producer and vodka distiller Zaklady Przemyslu Spirytusowego i Drozdzowego Polmos. The Treasury has warned that unless a total of 1.377 million shares each valued at zl. 9.08 find buyers, the sale will not proceed. (Prawo i Gospodarka, Aug. 12-13, page 2) ... Despite earlier expectations that Smithfield Foods of the U.S., the major shareholder in meat company Animex, would endorse the closure of the loss making meat plant Zaklad Miesny Rawa S.A., the shareholders voted to keep the company operating. The decision could be a result of the intervention by Prime Minister Jerzy Buzek. (Prawo i Gospodarka, Aug. 12-13, page 1, 11) ... Bank Handlowy workers will be entitled to buy Citigroup shares allocated to employees of the group throughout the world. (Rzeczpospolita, page B5) ... The Treasury Ministry is calling bidders to apply for acquisition of the Krasnik-based ball bearing manufacturer Fabryka Lozysk Tocznych (FLT) before the deadline set for Aug. 21. (Puls Biznesu, page 6)