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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.

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