In Brief: TPSA; Submarine deal; Procom; Maco Pharma; Szczecin Shipyard

The net profit of TPSA, the largest Polish telecom provider, dropped by 23% to zl. 231 million for the first quarter of 2002 according to Polish A ccounting Standards. (Reuters, May 10) ... Poland will buy four used N orwegian Kobben class submarines. The deal between the Norwegian and Polish Defense Ministries will be signed sometime this week. (Reuters, May 10) ... Domestic IT sector leader Prokom will not withdraw from the internet c ompanies market, as did Softbank and Computerland, however its investments in this sector will be suspended pending the verification of business plans. (Puls Biznesu, p. 5) ... French medical concern Maco Pharma will start production of medical supplies in Wroclaw. The new factory will employ 1,000 workers. (Puls Biznesu, p.13) ... Szczecin Shipyard did not receive the expected zl. 160 million credit from banks. According to Economy Minister Jacek Piechota close cooperation with banks is the only way to save the shipyard. Final talks with banks will take place tomorrow. (Puls Biznesu, p. 9) A.D.