Optimus wins court backing; shares rise by 21%

The Supreme Administrative Court (NSA) issued a ruling yesterday stating that the publicly traded computer maker Optimus had not infringed Polish tax laws in a dispute over computer imports dating from the late 1990s. Polish tax authorities had accused Optimus of making illegal claims for VAT refunds, and launched an investigation into Roman Kluska, its former president and shareholder. The NSA ruled that Optimus is now entitled to a zł. 16.7 million tax refund, plus interest. Yesterday, shares in Optimus rose 21.7% on the Warsaw Stock Exchange to close at zł. 7.85. Trading in the stock was briefly suspended in mid-session, following the publication of the NSA verdict. (Parkiet, p. 1,2) A.Z.