In Brief: Skanska; Power regulations; slow down in Kopex privatization

Jedynka Skanska owned by Skanska is going to build a Leroy Merlin hypermarket in Swarzedz. It is believed the investment will cost zl. 25 million. Construction is scheduled to be completed in 2003. (Puls Biznesu, p. 11)...Two large steel mills, Zawiercie, Czestochowa and the Przyjazn coal mine (ZKP) are likely to have their electricity supply cut off from January 1. In the New Year, the Polish Grid will have more freedom to select to whom it supplies its electricity and bad payers are unlikely to be among them. (Puls Biznesu, p. 5) ...The Treasury Ministry is unlikely to maintain its pace in privatizing the mining equipment manufacturer Kopex. The Ministry announced that it will not sell its stake in Kopex until 2004. Prior to that, it intends to increase its capital. (Puls Biznesu, p. 7) A.Z.