In Brief: Polsat leaves Estonia; PKO's new head; PKP and Pafawag Wroclaw

Privately-owned TV station Polsat has resigned from its investment into bankrupt Estonian channel TV1, which soon will be completely liquidated. Polsat has lost zl. 23.2 million by withdrawing from the investment. (Rzeczpospolita, p. B1) ... According to unofficial sources, after a shareholders' meeting of PKO S.A. in March this year, bank President Maria Wisniewska will be replaced by current Deputy President Igor Chalupec. Wisniewska is to join the European management of UniCredito Italiano, which currently holds a 53% stake in PKO S.A. (Puls Biznesu, p. 6) ... After six years of negotiations, Polish State Railways (PKP) has signed a contract for delivery of 18 locomotives with Pafawag Wroclaw, which belongs to Canadian transport manufacturer Bombardier. The deal is estimated to be worth some zl. 200 million (Puls Biznesu, p. 3) A.K.