In Brief: zl.360 million wind power project; LOT cuts flights; Elektrim rating
Europe's biggest windmill power station is to be built in Skarszewo near
Slupsk. The main investor in the zl.360 million project is Polish-German
company Dea. (Puls Biznesu, p. 13) ... LOT Polish airlines has confirmed
that it is reducing its flight schedule during the winter months. The
national carrier will halt all flights from Warsaw to Stuttgart, Damascus
and London Gatwick. (Gazeta Wyborcza, p. 24) ... Standard & Poor's has
lowered its rating for Elektrim. Concerns over whether the company will be
able to refinance its debt and worries about its prospects in the
telecommunications, cable and energy sectors are cited as the justification
for the decision. (Rzeczpospolita, p. B1) P.J.