In brief: PTC; Netia and Linx; Gas price hike; Can-Pack in Bydgoszcz

Polska Telefonia Cyfrowa (PTC), operator of Era GSM network connecting over 3.1 million customers, recorded net profits of zl.130 million in the first quarter of the year. This good performance is mainly due to the favorable exchange rate of the zloty. PTC also announced it would introduce video transmission via mobile phone beginning May 17. (Prawo i Gospodarka, p.4)... Netia Holding and Holland-based Linx Telecommunications have signed a letter of intent concerning usage of Netia's light pipe network. Linx Telecommunications is interested in providing telecom services, including wide band services and international data transmission, to the countries of the Baltic region. (Prawo i Gospodarka, p.11)... The two biggest domestic fuel providers raised gas prices by zl.0.04 and zl.0.05 per liter on Saturday. Analysts expect the price to reach at least zl.3.50 per liter by the end of June. (Gazeta Wyborcza, p.28)... Package producer Can-Pack opened its second can factory worth zl.100 million in Bydgoszcz yesterday. The mill, which is said to be one of the most modern in the world, is starting with a yearly output of 600 million cans. Can-Pack, a member of American F&P Holding Company, is one of the biggest European producers of food and beverage packages, jars, and aerosol spray cans. (Gazeta Wyborcza, May 12-13, p.29) M.K.