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Workers confront management of Tele-Fonika Kable with mystery buyer

During yesterday' s meeting in the Economy Ministry, employees of the troubled Tele-Fonika Kable's (TFK) Ozarow plant declared that that if they receive permission from the management to sell the factory, which had been scheduled to be shut down, they will reveal the name of an investor interested in taking over not only the Ozarow plant, but also the company' s others factories in Szczecin and Bydgoszcz. "There are several interested parties, whose names we cannot reveal at present," said Slawomir Gzik, of the workers protest committee. The only thing known at present is that the concerns interested in acquiring assets belonging to TFK are both domestic and foreign. The management of TFK say they are reluctant of disposing any plants belonging to the company. "If we get a detailed offer, a fair market price and financial guarantees for the transaction, we might consider it," said a management spokesperson, Jerzy Jurczynski. However such a deal could backfire to increase competition to TFK. (Puls Biznesu, pp. 1, 8) M.M.

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