In Brief: Rover and NSC; ComputerLand;Warning from Standard and Poor

According to the Deputy Economy Minister Maciej Lesny, the British car company MG Rover has sent a business plan to banks for the New Small Company (NSC), which is set to succeed the bankrupt Daewoo-FSO plant. According to unofficial information Rover is interested in securing a 20% stake in the NSC (Prawo i Gospodarka p. 5) ... The unconsolidated net profit of ComputerLand rose to zl. 7.6 million in the second quarter of 2002. Analysts had expected the computer system integrator to post a net profit of zl. 4.6 million on sales of zl. 127 million (Reuters) ... Standard & Poor (S&P) have lowered by 1 point (from A+ to A) the credibility of state treasury bonds. S&P have warned that if the government does not continue structural reforms and take steps to reduce the public deficit, ratings could be lowered again. (Puls Biznesu, p.7) A.L.