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In Brief: The sack for LOT directors?; Gerlach?; EBRD failures; TPSA

Deputy Infrastructure Minister Andrzej Pilat announced that within two days he will make a decision on the future of two PLL LOT former management board members who accepted additional salaries from SairGroup. Pilat said he does not exclude dismissing them from their current positions in the carrier. (Rzeczpospolita, March 22-23, p. B2) ... The largest cutlery producer GERLACH intends to change its image and promote the brand among young and wealthy customers. (Rzeczpospolita, March 22-23, p. B2) ... Only two out of ten investments of the European Bank for Reconstruction and Development (EBRD) in companies listed on the Warsaw Stock Exchange (WSE) were successful in recent years. EBRD deputy president Hanna Gronkiewicz-Waltz said that the bank is open to government projects, adding that it is considering engaging in the privatization of BGZ and PKO BP. (Parkiet, p. 3) A.Z.

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