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In Brief: Stomil Olsztyn; Stalexport & Huta Szczecin; Fiserv in Warsaw

Tire producer Stomil Olsztyn is to halt production for two weeks in November and December, in order to reduce stockpiles. According to company representatives Stomil's move is in line with worldwide trends, as most tire producers are adjusting production to reduced market demand. The company is not planning any redundancies. (Prawo i Gospodarka, p. 11) ... Stalexport is currently in talks with potential buyers of its controlling stake in Huta Szczecin steel mill. According to the Puls Biznesu daily, the mill may fall into South African hands. Huta Szczecin, facing a deep financial crisis, may be forced to halt production within a month. (Puls Biznesu, p. 12) ... American financial sector software producer Fiserv has chosen to locate its Central and Eastern Europe headquarters in Warsaw. The company says that this year it expects 30% of its revenues in Europe to be generated in the region. (Rzeczpospolita, p. B1) J.K.

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