New PZU management board to meet with ABN AMRO

The new management board of Powszechny Zaklad Ubezpieczen (PZU) will meet today with representatives of ABN AMRO, the adviser for the second stage of PZU's privatization. The two sides will discuss the division of responsibilities between the adviser and PZU. The management board has already said it will cover all expenses of the privatization consultation. The board also wants to examine the current strategy of the company. Within the next ten days a meeting will be planned, during which a strategy will be presented to the whole board. It is possible that some changes will be made but PZU president Jerzy Zdrzalka assured that the strategy would be the same and only new ideas as far as its realization, may occur. (Prawo i Gospodarka, page 1,8) A.D.