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In Brief: Telekomunikacja Kolejowa; Telewizja Familijna; Mojeauto.pl

Telekomunikacja Kolejowa, a company, which belongs to Polish State Railways, announced plans to invest zl. 50 million by the end of September to complete a new transmission network. The company will also lay 3,000 kilometers of fiber optic cable by the end of 2005. (Puls Biznesu, p. 5) ... PKN Orlen is looking for an investor to buy its 9.6% stake in Telewizja Familijna, owner of the TV Puls channel. The Bank of America estimated the value of the company at between zl. 146 million to zl. 240 million, however due to the difficult situation on the advertising market, the buyer could negotiate a discount reaching 60%. (Puls Biznesu, p. 6) ... Internet based car dealer, Mojeauto.pl, through which 2,500 cars have already been sold, has reached an agreement with the largest retail bank, PKO BP. The bank will grant loans for cars, with all formalities carried out on-line. (Rzeczpospolita, p. B7) A.K.

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