The heat is turned up in the battle for power distributors

Kulczyk Holding could finance the purchase of the G-8 Group of northern ener gy suppliers itself, according to the head of Kulczyk-controlled El-Dystrybu cja. In comments made yesterday, Zbigniew Kedzierski said, "Until the tender is finalized, different investor coalitions are still possible, though." El- Dystrybucja is currently taking part in the tender in partnership with troub led Elektrim, which is interested in at least three members of the G-8 Group because of their attractive location near power plants in Patnow, Adamow and Konin. By raising the capital of El-Dystrybucja, Kulczyk recently reduced El ektrim's holding in the company from 25% to just 1%. "We have to take care o f the company's credibility. That is the reason for the change in ownership structure," said Kedzierski. (Parkiet, p. 5) M.K.