In Brief: UOKiK and PKP; Deutsche Bank; financial portal; HTS steel mill
The Competition and Consumer Protection Office (UOKiK) will investigate
whether Polish State Railways (PKP) used their monopolistic position when
awarding a contract for the delivery of 4,500 coal trucks to its subsidiary,
rather than to The Greenbrier Companies, which also placed an offer.
(Rzeczpospolita, page B2) ... Deutsche Bank, which controls 89.2% of Bank
Wspolpracy Regionalnej (BWR), plans to increase its stake to 100% and has
announced a public tender offer for BWR shares priced at zl. 2.85 per share.
(Prawo i Gospodarka, page 1) ... The first strictly financial Polish Web
portal was launched yesterday by Erada, at www.pilot-f.pl. (Prawo i
Gospodarka, page 4) ... Huta Sendzimira (HTS) steel mill is improving its
financial situation, recording zl. 708.4 million in revenues for the first
quarter of 2000, a 60% increase over the respective period last year. HTS
netted zl. 41.7 million in the first three months of this year, while in
1999 it recorded a loss of zl. 297 million. (Puls Biznesu, page 4) T.J.