In Brief: RG decision postponed; Rover wants guarantee; PKO BP; PGNiG

According to unofficial information the Treasury Ministry will delay making its decision concerning the privatization of the Gdansk Refinery (RG). The reason for this could be due to changes planned for the privatization of the oil sector. One new concept could be to possibly merge RG with the Plock Refinery. (Rzeczpospolita, p. B1) ...The Rover car concern is demanding that the government guarantees the loans needed to start production in the Daewoo-FSO car factory. According to unofficial sources, they are asking that $350 million be backed. The decision rests with Finance Minister Grzegorz Kolodko Bearing in mind that similar guarantees were granted to the shipyards, the decision is likely to be positive. The alternative is that the enterprise would have to start bankruptcy proceedings. (Puls Biznesu, pp. 1, 4) ... State-owned bank PKO BP will pay zl. 90 million for the purchase of the Inteligo Intenet bank to German bank Bankgesellschaft Berlin AG. The contract may be signed today as only minor details remain to be settled. (Puls Biznesu, p. 5) ... Polish Oil and Gas (PGNiG) is planning to invest zl. 700 million to increase its industrial capacity over the next few years. PGNiG is also considering starting gas exploration activities in Ukraine. (Puls Biznesu, p. 7) A.D.