In Brief: Tesco; Bank Handlowy, Citibank; 4Media; TPSA, PIA Piasecki
British supermarket chain Tesco is the first foreign company to have signed
an agreement with the Economy Ministry on co-operation over promotion of
domestically produced goods. Tesco will also support its Polish suppliers,
helping them to export their products. (Rzeczpospolita, Nov. 9-11; p. B2)
... Today, Bank Handlowy (BH) is introducing a new logo "Citibank Handlowy"
combining its commercial and retail banking operations. (Rzeczpospolita,
Nov. 9-11; p. B2) ... Shareholders in 4Media have decided to increase the
company's capital by zl. 10 million - zl. 40 million. According to 4Media's
president, Dariusz Kaszubski, this will entail increasing the company's
capital to zl. 80 million and reducing its liabilities by around zl. 40
million. (Rzeczpospolita, Nov. 9-11; p. B5) ... Telecom operator TPSA has
decided not to sign an agreement with PIA Piasecki over the construction of
an office building, claiming that the company will be unable to complete the
investment on time. (Prawo i Gospodarka, p. 4) A.Z.