In brief: Stomil Olsztyn and Michelin; LOT shares; ING Bank & Bank Slaski
The majority shareholder of Stomil Olsztyn, the French group Michelin, has
not given its consent for BDO Polska to audit the company, a proposal
submitted by Stomil Olsztyns group of financial investors. Michelin has
instead proposed Arthur Andersen as the firm to undertake the audit. (Puls
Biznesu, p.8)... Treasury Minister Aldona Kamela-Sowinska has announced that
within two months the Treasury Ministry will decide whether to allow shares
of Polish Airlines PLL LOT to be floated on the Warsaw Stock Exchange
(Rzeczpospolita, p. B2)...Polands Banking Supervision Commission (KNB) has
announced it has granted the Dutch group ING Bank permission to increase its
stake in Bank Slaski from 55% to more than 75%. (Reuters) A.Z.
