In Brief: TV4, TV Puls frequencies; life insurance; Amica investment plans

The National Radio and Television Council (KRRiTV) has assigned new broadcast frequencies to TV4 in Lublin and TV Niepokalanow/Puls in Bielsko Biala and Czestochowa. The council also announced it would suspend the distribution of nine remaining frequencies. (Puls Biznesu, p. 9) ... The life insurance market recorded a 40% decrease in gross profits in the first half of the year, compared to the same period in 2000. Experts suggest that the situation may become even worse if the Sejm accepts the idea of taxing profits generated by investment funds. (Prawo i Gospodarka, p. 9) ... Household goods producer Amica has maintained its financial forecast for this year, according to which it expects to record zl.11 million in net profit and zl.950 million in revenue. The company has also announced plans to enter new markets, introduce cost-cutting projects, and launch an advertising campaign aimed at improving its image as a producer. The company's investments in 2002 will amount to between zl.40 million and zl.50 million. (Prawo i Gospodarka, p. 11; Rzeczpospolita, p. B4) M.K.