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