In Brief: Unimil's new share issue; Mieszko Q2 loss; Treasury companies
Unimil, a domestic producer of condoms, wants to triple its stock capital and offer a new share issue worth about zł.80 million to its investors. According to Parkiet, it is possible that Unimil is gathering funds to take over its main shareholder, German Condomi, which is in serious financial problems and is currently looking for an investor. (Parkiet, p. 3) ... Mieszko, a biscuit producer, increased its sales during Q2 to zł.41 million, 20% more than in the same period of 2003, but nevertheless this was not enough to stop it suffering a net loss of zł.450,000 due to an increase in the price of raw materials. After EU accession, the price of sugar rose by 80%. (Parkiet, p. 5) ... Treasury Minister Jacek Socha said during a debate organized by Parkiet that the Ministry is more than a passive guard of some assets given to it. He said his policy is to ensure that the government has a representative in companies controlled by the state. Analysts expect the Treasury to present an active attitude in other state-owned companies in the near future. (Parkiet, p. 1) D.W.