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In Brief: ZEC privatization; Zelmer on sale; Telecom Act; Tele 2; Mortgages

The Treasury Ministry has called a tender for a privatization adviser for a group of heat and electricity plants Zespol Elektrocieplowni Poznanskich (ZEC). (Parkiet, page 3) ... Invest-Zelmer, a firm created by workers of the Rzeszow-based Hoover vacuum-filter maker Zelmer, have pledged to participate in the upcoming privatization of Zelmer. (Prawo i Gospodarka, page 3) ... President Aleksander Kwasniewski has signed into law the new Telecommunications Act calling for among other things, full liberalization of the telecommunications market and access by the police and the State Protection Office (UOP) to information pertaining to telephone calls. (Prawo i Gospodarka, page 6) ... Tele 2 is proposing cheaper international phone calls via the voice over internet protocol for about zl. 2.40 and zl. 6.5 per minute to the U.S. and Far East respectively. (Rzeczpospolita, page B2) ... Bank Slaski building society is to issue the first mortgage loan tomorrow. Preference will be given to those clients that filed for mortgages in 1997. (Prawo i Gospodarka, page 1)

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