In brief: Polsat investors, Hungarian lorry limit, Szczecin shipyard lay-offs
Although the Polsat retirement fund has already signed a letter of intent
with the Skarbiec-Emerytura fund, the Pekao, Winterthur and Pocztowo-Bankowy
pension funds have also expressed their interest in acquiring Polsat. If the
Pension Fund Supervisory Office (UNFE) approves all requests for pension
funds mergers, there will be 15 open pension funds left on the Polish
market. (Puls Biznesu, p. 13) ... Polish lorries cannot enter Hungary as
they have already exceeded their annual entry permission limit for 2001. The
Ministry of Transport representatives are currently negotiating with the
Hungarian government for an annual allowance of 20% of Polish exports to be
transported via Polish lorries through Hungarian territory. (Gazeta
Wyborcza, p. 18) ... Szczecin Shipyard Port Holding (Stocznia Szczecinska)
is planning to lay off over 1000 of its employees this September. The
shipyard, although the largest employer in the Szczecin area, is forced to
lay off its workers due to a 30% fall in ship prices, the strong position of
the Polish zloty and high employment costs. (Rzeczpospolita, B3) M.T.K.