In Brief: PZU, Energomontaz Polnoc, Ellos, Nasza TV, Fiat Bank
The plan must then be approved by the Cabinet. According to unofficial sources of Prawo i Gospodarka, changes will be made in the supervisory board of PZU, as current president Karol Szwarc will be replaced by deputy Finance Minister Rafal Zagorny. (Prawo i Gospodarka, page 9)...Today Energomontaz Polnoc will launch subscription for 1,400,000 C series shares at zl. 24 each, after it postponed the subscription date twice already. (Parkiet, pages 1, 2)...Major Scandinavian direct-mail firm Ellos, part of the French PPR group, will enter the Polish market and plans to dominate the sector within a few years. (Zycie, page 13)...New private station Nasza TV will launch on Saturday, Jan.17. It will mainly target women between 16 and 49 years of age. (Zycie, page 8)...Fiat plans to acquire a banking license from the National Bank of Poland (NBP) and wants to start activity as soon as possible. Fiat Bank Polska will grant loans that will enable consumers to purchase Fiat automobiles. (Gazeta Wyborcza, page 18)
