Transocean is hoping to clinch a deal with strategic investor by next week

State-owned Szczecin-based freight and forwarding company Transocean is negotiating with a strategic investor and may clinch a deal next week. The State Treasury says it has signed a contract with a privatization adviser Nexus Consultants and Transocean will be ready for privatization by September 2000. Prior to the privatization, Transocean will be restructured internally. It is crucial that privatization of Transocean goes ahead speedily as the company is heavily in debt. (Puls Biznesu, page 4) A.Z.