In Brief: Skarbiec; Kopex; ISPA subsidies for environmental protection
Out of this sum, zł. 2.15 billion is allocated to the Skarbiec Investment Fund, zł. 1.62 billion to the Skarbiec-Emerytura Pension Fund, and zł. 0.76 billion to the portfolio of the Skarbiec Investment Management. (Puls Biznesu, p. 10) ... The State Treasury, which controls 75% of shares in Katowice based Kopex, will sell its stake this year. According to anonymous sources, there are two domestic companies interested in the purchase. (Rzeczpospolita, p. B5) ... Out of EUR 1.3 billion of funds prepared by the Instrument for Structural Policies for Pre-Accession (ISPA) created for subsidizing projects of supra-local range in the field of environmental protection, only EUR 22.4 million was granted to beneficiaries. The reason for this were complicated procedures and the length of time needed to finish projects. (Puls Biznesu, p. 10) A.K.