In Brief: Tele-Fonika Kable; PIA Piasecki and the banks; Optimus president

The management of cable producer Tele-Fonika Kable were presented with a letter of intent yesterday from an unknown investor willing to buy the Ozarow plant, which is scheduled for closure. The management has agreed to allow the investor to complete due diligence on the plant which is scheduled to be closed down soon. (Puls Biznesu, p. 9) ... One of the largest construction companies, PIA Piasecki, said on Tuesday that two more banks are terminating their credit agreements. BRE Bank is demanding full repayment of a euro 1.3 million loan, and the Bank of European Co-operation has also cancelled its zl. 1 million credit agreement. (Gazeta Wyborcza, p. 19) ... Former president and founder of computer producer Optimus, Roman K., has paid zl. 8 million to be released on bail. He is accused of tax and customs fraud amounting to zl. 8.5 million. (Gazeta Wyborcza, p. 16). M.M.