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In Brief: WRE and Stoen; Mostostal Export contract; Bank Przemyslowy

German energy concern RWE has received exclusive negotiating rights to buy Warsaw's energy provider Stoen from the Treasury Ministry. According to an unofficial sources it is understood that they will offer zl. 1.6 billion for the 85% stake. RWE have three weeks, (to September 30), to negotiate the price. (Puls Biznesu, pp. 1, 3) ... Construction company Mostostal Export has signed a contract to construct several buildings in Moscow worth $150 million. The projects should be completed by the end of 2005. Mostostal will act as the main contractor. (Parkiet, p. 5) ... Lodz-based Bank Przemyslowy (BP), which is suffering from financial troubles, has finally found an investor. Czech Union Group promised the Bank Supervisory Commission that it will invest zl. 15 million in BP by the end of September, and an additional zl. 20 million in December. (Puls Biznesu, p. 8) A.D.

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