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News Parkiet
03.04.2004,

Privatization

Mining agency sells 1.9 pct.

stake in Telekomunikacja Polska

State-owned mining agency Kompania Węglowa sold 27 million shares of Telekomunikacja Polska, Central Europe?s largest phone company in a series of after hours transactions arranged with institutional investors. Kompania sold its stake at 15.4 zloty per share versus Friday?s closing price of 16.35 zloty raising over 100 million US dollars. Polish Treasury and Kompania itself said earlier TP shares won?t be sold at least until April 17. On Friday its spokesman explained Kompania had to sell the stock because it needed the money to pay bonuses to employees.

Steel industry

Prosecutor investigating stock manipulation

at Huta Ferrum

Five shareholders, a stock broker and an equity dealer with ties to TFI Colloseum investment holding are about to be charged with manipulating...


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