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In Brief 2: ZA Anwil; ZA Puławy; Ranger Poland

13th September 2004

ZA Anwil, a nitrogen producer owned by PKN Orlen, plans to spend zł.450 million on internal investments through 2007, declared its president Benedykt Michewicz.

ZA Anwil, a nitrogen producer owned by PKN Orlen, plans to spend zł.450 million on internal investments through 2007, declared its president Benedykt Michewicz. The company is also interested in the privatization of the nitrogen plants in Tarnów and Kędzierzyn. Anwil ended H1 2004 with a net profit of zł.80 million. (Puls Biznesu, p. 12) ... ZA Puławy will be ready with its IPO by Q1 2005. President Zygmunt Kwiatkowski said that another share issue is possible later on, depending on the general economic situation. "We need zł.900 million and four to five years to conduct our development program," said Kwiatkowski. (Puls Biznesu, p. 12) ... Both Tele2 and NOM, alternative fixed-line operators, are using the services of Ranger Poland, an intermediary, to acquire new clients. It is forbidden for a Ranger sales representative to offer the services of two competing companies to a client. Ranger’s clients accept the situation, as they are satisfied with the company's high effectiveness. (Parkiet, p. 5) D.W.

From Warsaw Business Journal

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