In brief: Toyota's Corolla plans; BoNY selling Softbank; Polsat in US
Toyota is planning to sell 17,000 cars in Poland this year, and is largely d
epending on its new Corolla model to boost sales. The Japanese concern will
also begin production of gearboxes for the Corolla, Avensis and Yaris models
at Walbrzych. In 2001 Toyota had a 4.25% share of the Polish automobile mark
et. (Gazeta Wyborcza, p. 19) ... The Bank of New York (BoNY) has reduced its
stake in Polish software firm Softbank from 9.81% to 4.61%. According to Par
kiet the move suggests that BoNY is planning to pull out of the company alto
gether. (Parkiet, p. 3) ... Polsat 2 International has become the second Pol
ish TV channel, after TV Polonia, to broadcast in the US. Polsat's debut on
the US market is the result of an agreement between the Polish channel and E
choStar Communication Corp. Polsat 2 International is hoping to appeal to vi
ewers in the US who find it too expensive to subscribe to TV Polonia. (Prawo
i Gospodarka, p. 5) M.T.K.