In Brief: PZU goes east; Netia shareholders; PKO BP; PKN Orlen

Later this week, the company will finalize negotiations concerning the acquisition of NORD/LB Life Assurance in Ukraine. This transaction would increase the company's market share in the Baltic region to 15%. (Puls Biznesu, p. 11) ... A group of shareholders, controlling 10% of capital in Netia, a publicly listed telecom operator, demands a change in the company's supervisory board composition. The shareholders will try to appoint their own representative to the board level. (Puls Biznesu, p. 12) ... Parkiet has learnt unofficially that the detailed specification of the terms of the tender for the adviser to the process of privatization of PKO BP, favors Dom Maklerski Penetrator, and the brokerage house of Bank Handlowy. The only company which is capable of conducting the audit is Ernst&Young. (Parkiet, p. 1) ... Negotiations between PKN Orlen and Grupa Lotos representatives concerning potential cooperation will start in the beginning of March. Orlen suggested that mutual aid would be beneficial in the exploitation of paraffin and oil. Lotos on the other hand, seeks larger cooperation in terms of trading of fuel. (Rzeczpospolita, p. B5) A.K.