Polisa Zycie close to securing European sector investor

Two European sector investors are interested in investing in insurance company TU Polisa Zycie. After Sept. 10 it will probably be known, which company will become the investor and take partial responsibility for Polisa. According to president Jan Monkiewicz the investor will help to continue the restructuring program. Polisa will probably show a profit this year, as it already has earned zl. 16 million in revenues and last year total revenues were zl. 24 million. Over zl. 20 million will be spent on technical reserves to protect customers. On Sept. 28 the general shareholders meeting will decide whether to raise the share capital. Those funds would be used to further develop the computer network and satellite data transmission. (Prawo i Gospodarka, page 1, 11)