In brief: Saar Papier compensation; Tryg Baltica; Elektrim; Lmeat offers
A court of arbitration in Zurich has rejected a motion by Saar Papier
Vertriebs (SVP) appealing for DM31 million compensation from the Polish
State Treasury. The company was complaining about the government's ban on
waste paper imports, which has led to SVP's domestic subsidiary filing for
bankruptcy. (Prawo i Gospodarka, June 23-24, p. 3) ... Tryg Baltica, a
member of the Scandinavian banking and insurance group Nordea, is planning
to invest zl.300 million in the development of property insurance company
Energo-Asekuracja and life assurance company Heros-Life. (Puls Biznesu, p.
4) ... Elektrim said on Friday that its management hoped to reach a final
decision next week on the terms for entering into cooperation with its
strategic partners and securing funding. (Reuters) ... The Treasury Ministry
has received only two offers for the privatization of meat producer Lmeat,
from Grabkow-based meat plant Duda, and a consortium of Rolmex, Agroimpex
and a workers' cooperative, Puls Biznesu has learned from unofficial
sources. (Puls Biznesu, p. 7) M.K.