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In Brief: Shipyard directors in prison; Huta Sendzimira debt reduction; BOS

Four former Szczecin Shipyard presidents are now being held in custody, accused of running up shipyard losses of zl. 69 million. The fifth member of the management board was released upon a zl. 50,000 bail and guarantees from his colleagues. (Rzeczpospolita, p. A3) ...Yesterday the creditors of the Huta Sendzimira steel mill, including bank Pekao SA and the Deutsche Trustee Company, voted to agree the reduce the steel work's debts by 40% and so avoid possible threats of bankruptcy. (Rzeczpospolita, p. B3) ... The brokerage House of BOS bank and the Treasury Management Service company have become public members of the Warsaw Commodity Exchange (WGT). They will soon start their trading activities on the Exchange. (Parkiet, p. 6) A.D.

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