In Brief: Telecom deadline: Bank of America license; Centra in China
The Infrastructure Ministry will decide today on extending until June the
deadline by which independent phone operators must pay the next installment
of their license fees. Any such move would be good news for Netia, Telefonia
Lokalna and El-Net, which are in a poor financial situation and owe a
combined euro 109 million. (Puls Biznesu, p. 4) ... Four companies have
submitted offers to purchase Bank of America's banking license in Poland.
According to an unofficial source quoted by Rzeczpospolita, one of the
interested companies is Commercial Union. (Rzeczpospolita, p. B5) ... Poznan
based Centra, Poland's largest car battery manufacturer with 45% of the
market, has announced plans to open a factory in Chengdu in central China in
April. Company representatives are expecting a rapid increase in sales on
the huge Chinese market. (Puls Biznesu, p. 11) A.K.