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In Brief: Liberty Poland; Alcohol privatization concerns; Impexmetal shares

8th September 2004

Bytom-based mobile phone distributor Liberty Poland has conquered a specialist market thanks to its new technological solution in the medical sector.

Bytom-based mobile phone distributor Liberty Poland has conquered a specialist market thanks to its new technological solution in the medical sector. Mobilcard is a small transmitter that enables heart patients to be monitored in their own home and costs of zł.1.2 thousand each. Liberty plans to start trading on WSE. (Puls Biznesu, p.11) ...The capital from the privatization of many companies in the alcohol sector is raising concern. MPs are asking questions of the State Treasury Ministry, while the Supreme Board of Inspection has already launched an investigation into the matter. The results will be published early next year. (Puls Biznesu, pp. 1,10) ... The State Treasury Minister is faced with the choice of selling Impexmetal's shares, which are worth zł.180 million, to either London-based Bancroft or Boryszew. Boryszew, which already has a 10% stake in Impexmetal, has been granted permission from the Securities and Stock Exchange Commission to exceed a 33% stake limit in Impexmetal. However, it is possible that the Commission's decision might be withdrawn if the matter is re-examined. (Puls Biznesu, p.8) J.J.

From Warsaw Business Journal

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