In Brief: Tubadzin tiles; German resort for the Baltic; Elektrownia Turow
Third largest ceramic tile producer in Poland Ceramika Tubadzin will
complete its initial investment at a plant in Ozorkow this year, spending
zl.102 million by the end of December. (Puls Biznesu, p.9)...Germanys
Development & Touristic intends to build a hotel and leisure complex in
Swinoujscie for DM 230 million, including a 12-story hotel, swimming pools
and retail outlets. (Puls Biznesu, p.5)... Elektrownia Turow power plant is
completing negotiations with banks concerning financing of the third stage
of its modernization. By the end of February 2001 the company wants to close
the issue of $250 million eurobonds. (Puls Biznesu, p.4) A.Z.