In Brief: RG becomes Grupa Lotos; AmRest; PSE profit; Polish Postal market
The shareholders of Gdansk Refinery (RG) have decided to change the company
name to Grupa Lotos. (Parkiet, p. 1) ... American Restaurant (AmRest) which
manages Pizza Hut and KFC intends to debut on the Warsaw Stock Exchange in
2004, and not as hoped in 2003. The plans were postponed due to the poor
state of the market. (Prawo i Gospodarka, p. 4) ... At the end of the third
quarter of 2002, the Polish Power Grid (PSE) posted a net profit of zl. 30.4
million compared to a zl. 559 million loss in 2001. Its net revenues from
sales were zl. 11.15 billion and operational costs were zl. 10.9 billion.
(Prawo i Gospodarka, p. 5) ... The government wants the Polish postal
market, and Poczta Polska in particular, to enjoy special protection until
the end of 2006. A motion on the issue has already been sent to the European
Union. (Rzeczpospolita, p. B1) A.Z.