In Brief: TVN; RMF Group; Zelmer; PKN Orlen
After three quarters of 2003, television broadcaster TVN increased its revenues by 8.2% to zł. 411.7 million in comparison to the same period of last year. The company also managed to increase its net profit by about 60% to zł. 44.23 million. (Parkiet, p. 3)...Kraków-based RMF Group, owner of the national radio station RMF FM, is looking for money to open its own satellite television station, which would broadcast information and music. It might also float one of its companies on the Warsaw Stock Exchange. (Parkiet, p. 6)...White goods producer Zelmer, has managed to successfully restructure itself and reduce costs. Consequently the company has increased its forecast profit from zł. 9.4 million to zł. 14 million. According to the company's president, domestic sales increased by 10% in 2003. (Parkiet, p. 6)...Treasury Minister, Piotr Czyżewski announced that the government would make a decision on the potential sale of PKN Orlen shares by the end of Q1 2004. (Rzeczpospolita, p. B5) M.M.