In brief: Rafineria Gdanska; Prosper Bank; PKO BP; Silesian Sugar
Bids for 75% of shares of Rafineria Gdanska, Poland's second largest
refinery, will be accepted until the middle of December. Its biggest
Polish competitor Polski Koncern Naftowy (PKN Orlen) will not participate
in the tender (Gazeta Wyborcza, p. 28)... The head of Prosper Bank Barbara
Zambrzycka has been dismissed due to her disputes with the bank's main
investor Kredyt Bank. A new president has not yet been appointed
(Rzeczpospolita, p.B5)...PKO BP will have a new privatization adviser
before the end of January 2001 (Puls Biznesu, p.4)... Sejm Agriculture
Commission will turn to Supreme Board of Inspection (NIK) to investigate
the transaction in which Slaska Spolka Cukrowa sugar producer was sold to
the company French Saint Louis Sucre. The deputies say the terms of the
deal were highly unfavorable for the state and accuse the government of
acting against national interest (Gazeta Wyborcza, p.25)