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In Brief: Raiffeisen closure; Sosnowiec-Srodula shopping mall; sailors' pay

Raiffeisen Bank of Austria decided at a general shareholders meeting yesterday to close down its Warsaw based brokerage house, Raiffeisen Capital & Investment Polska. This is the sixth brokerage house to be closed this year in Poland. (Rzeczpospolita, p. B5) ... In spite of the high saturation level on the Polish market, another shopping mall is to be opened today in Sosnowiec-Srodula. The project, the main investors in which are TK Development Polska and Ahold Polska, has cost some $40 million. The contractor was Mostostal Zabrze. (Puls Biznesu, p. 10) ... Unions representing Polish seamen are demanding a wage increase of at least $50 a month for those of their members sailing under foreign flags. The average sailor, working for seven and a half months of the year, currently earns $1,250 a month. The wage increase would affect around 1,500 seamen. (Rzeczpospolita, p. B3) A.K

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