In Brief: Rail Baltica; Polskie Linie Oceaniczne annual profit; Tele2

Infrastructure Minister Marek Pol informed on Wednesday that over the next two-three years documentation on the Rail Baltica, Baltic railway project to connect Scandinavia with Poland and the EU, will be ready. The investment is being jointly prepared by Poland, Lithuania, Latvia and Estonia. Pol assured that the European Commission is backing the project and it could be co-financed from its funds. (Rzeczpospolita, p. B5) ... The general shareholders meeting of ocean carrier Polskie Linie Oceaniczne has accepted its financial statement, according to which the group made net a profit of zł. 18.8 million in 2002. This was over two times lower than a year earlier. (Rzeczpospolita, p. B5) ... Tele2 Polska, an alternative telecom operator, has filed a law suit against TPSA, demanding compensation of zł. 368,000 due to lost profits caused by TPSA, when the dominant operator failed to carry out 100 orders for pre-selection within the scheduled time. (Rzeczpospolita, p. B5) ... Żywiec-based Bolix, a producer of thermal insulation materials for buildings, plans to spend zł. 20 million on investments over the next three years. (Rzeczpospolita, p. B3) M.M.