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In brief: Standard & Poor's rates PGNiG; Cetelem; PKN Orlen; Konspol

Polish Oil and Gas Mining (PGNiG) has reportedly been granted a BBB rating and an optimistic forecast by Standard & Poor's, indicating that the company is considered a reliable partner in the international financial market. (Puls Biznesu, p.11)... Cetelem Polska, the Polish credit-brokerage company belonging to the French company Cetelem (controlled by bank BNP Paribas), intends to sign credit agreements worth zl.300 million in 2001, which is 100% more than last year. Currently, its key activity is providing installment credit and issuing credit cards. (Puls Biznesu, p.9)... A new supervisory board of PKN Orlen, Poland's leading fuel producer, was chosen at the shareholders' meeting held on Monday night. (Prawo i Gospodarka, p. 17)... Konspol, a Nowy Sacz-based meat processing company, plans to start operating its new plant in the US within the next two months. Although the exact level of investment is still unknown, its plant in Pennsylvania is said to have cost several million dollars. (Puls Biznesu, p.8) M. S.-C.

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