In Brief:PKO Orlen;NEXO;Poczta Polska;WSE
The Romanian Economy Ministry announced on Friday that PKN Orlen was placed on the short list of 11 companies intending to take part in the privatization of fuel company SNP Petrom. The short list also includes Austrian OMV, Hungarian MOL and Gazprom of Russia. (www.onet.pl)… Spanish-based company Nexo has won a tender for the completion of a toll paying highway from Krakowiec near the Polish border to Lvov. The section is part of the international highway connecting Germany-Poland and the Ukraine. (www.onet.pl)…Tadeusz Bartkowiak has been appointed new general director of Poczta Polska. (Parkiet, p. 1)... Investors active on the Warsaw Stock Exchange (WSE) say that they are planning to sue former senior executives of publicly-listed 4Media since they lost zł. 2.3 million after the company's bankruptcy earlier this year. (Parkiet, p. 4)... The Treasury Ministry is considering selling shares in PKN Orlen under plans to set up a Central-European concern. "The plan envisages the consolidation of Orlen and MOL of Hungary" said Treasury Minister Piotr Czyżewski. (Puls Biznesu, p. 6)... "The Banking Supervisory Commission does not officially know about the plans to merge PKO BP and PZU," said president of the National Bank of Poland (NBP) Leszek Balcerowicz. "It is just media speculation. We have received no information on the issue from the government" he said. (Puls Biznesu, p. 6)... The Warsaw bourse is considering proposal's to include shares of Bank of Austria (BACA) into its key WIG20 index. Opponents of BACA membership say that the WIG20 must be restricted to Polish companies to better reflect the country's economic trends. (Parkiet, p. 6) A.Z.