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In Brief: PZU-Eureko; Opoczno to invest zł.70 million; Celsa Huta Ostrowiec

Following a month-long break in talks concerning the future of the largest domestic insurer PZU, the State Treasury and Dutch investor Eureko are to return to the negotiating table tonight. Eureko, which controls 21% of shares in PZU, wants to increase its stake based on an earlier agreement. (Parkiet, p. 1) ... Opoczno, the leading domestic ceramic tiles producer, announced that it has been bought by Credit Swiss First Boston Ceramic Partners. On top of that, Opoczno plans to invest between zł.60-70 million to increase production capacity by 40% and also eventually to build a new plant in Ukraine or Russia. (Puls Biznesu, p. 7) ... The management of Celsa Huta Ostrowiec, a producer of steel products used in construction, has signed an agreement with members of company's trade union concerning the employees' redundancy rights. Upon voluntary resignation, an employee can receive 12 or 13 month's salaries as compensation, plus three to five monthly gross earnings. An average salary in the plant stands at over zł.2,000. (Puls Biznesu, p. 10) A.K.

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