In Brief: Śnieżka's fruitful H1; PHF's new acting president;

Śnieżka, one of the largest paint producers, increased its revenues by 18% to zł.160.5 million and posted a net profit of zł.10.7 million in the first half of the year. The good result is due to the increase of the company's share of its home market and its expansion to Eastern countries, such as Ukraine. (Rzeczpospolita, p. B3) ... Marek Jeziorski, a member of the management board of Polish Pharmaceutical Holding (PHF) has been appointed as acting president of the board. The former president, Andrzej Szukalski, stepped down because he left to become the president of Bank Pocztowy. (Rzeczpospolita, p. B3) ... Grupa Kęty, an aluminum processing company, recorded Q2 revenues of zł.189 million and a net profit of zł.26.6 million. The consolidated net profit after the first six months of 2004 totaled 58% of the figure projected for year as a whole. The president of the company, Jan Kryjak, stated that Kęty's profit forecast may be revised upwards after the third quarter. (Parkiet, p. 5) E.B.