In Brief: PPL; TPSA; Siemens, France Telecom

Panstwowe Porty Lotnicze (PPL) has signed an agreement with the European Investment Bank for a $200 million loan for the construction of a second terminal at Warsaw's Okecie airport. The loan is repayable over 20 years. (Parkiet, p. 7) ... Morgan Stanley has raised its rating for dominant phone operator TPSA to equalweight from underweight after a stake of nearly 5%, owned by three state-linked firms, was placed in the market last week. (Reuters) ... Siemens has signed a euro 20 million contract with TPSA for the construction of the 'third generation' mobile phone network as a part of a general agreement between Siemens and France Telecom signed last year. (Rzeczpospolita, p. B3) J.K.