In Brief: Tele-Energo; ZA Pulawy and ZA Tarnow; strike in Nysa Motor

Tel-Energo, the telecommunications company run by Andrzej Arendarski, yesterday bought convertible bonds worth zl. 64 million in the Pro Futuro internet provider owned by National Investment Fund (NFI) Jupiter. Pro Futuro will now probably join the Krajowa Grupa Telekomunikacyjna (KGT), telecommunications group which will compete with TPSA. (Puls Biznesu, pp. 1, 8)... Polish chemical licenses are conquering Chinese markets, beating rivals such as Du Pont and Hoechst. The owners of the licenses, nitrogen plants ZA Pulawy and ZA Tarnow have now begun to compete with each other to secure the number one position on domestic market. (Puls Biznesu, p. 5) ... Workers in Nysa Motor, a car factory owned by Daewoo, began a sit-down strike on Monday. Unions are protesting against the factory starting bankruptcy proceedings, arguing that company debts are not that high. (Prawo i Gospodarka, p. 3) A.D.