In Brief; Wyborowa SA; KGHM loses; Mokate and Maspex protest

The spirits producer, Wyborowa S.A., has decided to increase its capital by zl. 30 million, which will be spent on new investments and promotion. The company's sales revenue nearly reached zl. 738 million in 2001, which is 20% less as compared to 2000 and meant the company made a loss of zl. 104 million. (Rzeczpospolita, April 27-28, p. B2) ... Polish copper concern KGHM Polska Miedz net loss in 2001 stood at zl. 786.7 million. KGHM president Stanislaw Speczik, in a letter to shareholders, explained that zl. 190 loss was partially due to low copper and silver prices, the dollar exchange rate as well its policy of financing Telefonia Dialog. (Puls Biznesu, p. 4; Reuters) ... Coffee companies Mokate and Maspex, told the Foreign Ministry that "As soon as we started preparing to join the European Union (EU), the EU raised duties on cappuccino from 0% to 11.5%". They are argue that this shows that Polish negotiators with EU fail to represent the interest of Polish companies. (Prawo i Gospodarka, April 27-28, p. 5) K.S.