In Brief: Polskie Media; Prumerika profit; Gas-Trading shareholders meeting

Polskie Media (PM), the owner of TV4 television, increased its capital by zl. 15 million to zl. 80 million. The new issue of shares will probably not be purchased by a new investor, as was envisaged, but by PM's present shareholders. (Puls Biznesu, p. 8) ... Life Insurance Company Prumerika, after overcoming its financial problems, is in fifth place among life insurers, with a net profit of zl. 16 million. (Prawo i Gospodarka, p. 16) ... The shareholders of Gas-Trading, a company purchasing gas from Russia, will meet today to decide if the company should be liquidated. A proposal to this effect was put forward by the company's Polish shareholders PGNiG, Bartimpex and Weglokoks due to the fact that Gas-Trading has no gas contracts for 2002, after the Russians did not grant permission for the company to realize part of the gas supplies under the Yamal contract. (Puls Biznesu, p. 8) A.D.