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Telecommunications
Polish shareholders still plan joint sale
of Polkomtel
Three state-controlled conglomerates must work together selling their 60 percent stake in Polkomtel SA, the smallest of Poland?s three mobile phone companies, government officials said yesterday. KGHM mining group, PKN Orlen oil refinery and PSE power grid operator will pick an advisor to sell their Polkomtel shares in six weeks or less.
Mutual funds
Hexus to launch Polish mutual fund company
Swiss money management firm Hexus Capital Management will ask for SEC?s authorization to launch its first mutual fund in Poland, sources told PARKIET recently. No details are available at this time, but Geneva-registered group plans to sell its investment products to both individual and institutional clients here. Poland?s nineteen existing mutual fund companies...
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