In Brief: TVN; Softbank, FinFin; PKP; Presspublika
After the third quarter of 2002 the revenues of private television channel T
VN increased by 24% to $92.6 million in comparison with $74.5 million in the
same period of last year, announced the ITI Group. (Rzeczpospolita, Nov. 15-
16; p. B2) ... Softbank intends to sell FinFin, owner of portal expander.pl,
for about zl. 1 million said Softbank's president, Aleksander Lesz. The buye
r will be revealed after the contract is concluded on Monday. (Parkiet, p.
2) ... The net loss posted by Polish State Railways (PKP) after three quart
ers stood at zl. 332 million. According to PKP's financial director, Janusz
Maciej Lach, PKP is likely to close this year with a loss of zl. 400 mill
ion-zl. 420 million, or zl. 45 million-zl. 65 million less than forecast. (R
zeczpospolita, Nov. 15-16; p. B2) ... The management of Presspublika, the pu
blisher of Rzeczpospolita, has officially turned down the pleas of trade uni
onists who demand the firm stop lay-offs and give up its planned program of
salary reductions. (Rzeczpospolita, p. B2) A.Z.
