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In Brief: Softbank's Q1 profit; Gdańsk Refinery; Mostostal Siedlce secret loan

Systems integrator Softbank posted a Q1 net profit of zł. 1.1 million, up from a net loss of zł. 888,000 in the first quarter of last year. (Parkiet, p. 3) ... Gdańsk Refinery (RG) has launched due diligence in three refineries located in the south of the country. At the same time, Nafta Polska refused to give PKN Orlen's Rafineria Trzebinia permission to check the financial condition of the southern refineries for the benefit of RG. (Puls Biznesu, p. 7; Parkiet, p. 3) ... Mostostal Siedlce construction company is alleged to have made a substantial loan to its owner Polimex-Cekop, without disclosing the transaction to minority shareholders. The company has refused to comment on the interest-free loan where Mostostal paid Polimex zł. 2.8 million. (Parkiet, p. 1) A.Z.

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