In Brief: World Bank, Grolsch, BPH, DWS funds, A/C superstores
The Reemployment Fund is slated to kick off mid-year in the Katowice province. (Zycie, page 11) ... Brewer Grolsch will sell its 25% stake in Brewpole, which owns Elbrewery, the producer of EB and Hevelius beers. (Gazeta Wyborcza, page 22) ... Bank Przemyslowo-Handlowy (BPH), which wants the State Treasury to sell most of its 46.7% stake to a strategic investor this year, expects to see a lift in net profit to zl. 355.6 million in 1998 from zl. 313.7 million in 1997. (Reuters) ... Germany's largest mutual funds group, DWS, controlled by Deutsche Bank AG, moved to expand in Poland on Thursday by more than doubling the number of outlets in Poland selling units in its four local funds. (Reuters) ... Air-conditioned superstore House-Hobby-Garden (DHO), with total space of 5,000 square meters, was opened yesterday in Krakow by trade firm KrakChemia S.A. (Rzeczpospolita, page 20) ... Building on bankrupt electrotechnical plant Zofiowka, the Polish branch of Siemens formed a new plant, Siemens Isolators Factory Polska Ltd., in Jedline-Zdroj. (Prawo i Gospodarka, page 5)
