In Brief: W.Kruk halves forecast; The end of 0-700?; Budimex

Jewellery chain W. Kruk has lowered its 2003 net profit forecast from zł. 2.86 million to zł. 1.3 million. The change were influenced by the poorer results of Kruk's subsidiary DCG, as well as the unstable euro. (Puls Biznesu, p. 7; Parkiet, p. 4) ...TPSA has terminated a contract with Maxfon which provides connections with the 0-700 line. TPSA's spokesperson Barbara Górska said that Maxfon refused to accept more restrictive regulations imposed by the operator. (Parkiet, p. 4) ... After the first five months of 2003 the revenues from sales of construction company Budimex reached zł. 753.7 million. The profit from sales amounted to zł. 14.8 million and the operational profit reached zł. 2.57 million. During the period the loss incurred by the company amounted to zł. 5.07 million. (Puls Biznesu, p. 7) A.Z.