Talks between three teachers trade unions and the government ended on Sunday evening with the ZNP and another union sticking by their demand for monthly salary increase of 1,000 zlotys
P4 -- controlled by units of Greece's Olympia Development and Iceland's Novator Partners -- announced a refinancing in March, in which it secured 7 billion zlotys
in credit facilities.
Instead, a number of problems haunted the 787, with LOT - one of the 13 airlines that fly the jets - estimating its own costs of problems at PLN100 million zlotys
(USD$33 million) over 2012 and 2013.
The state-controlled company said one-offs worth some 757 million zlotys
contributed to a net profit of 593 million zlotys
($188 million) in the first quarter, from a 1.1 billion zloty
net loss the year before, beating the market expectations of 547 million zlotys
Financing: Troubled Polish drugmaker Bioton said it would receive a total of 171 million zlotys
($48.8 million) capital injection from its main shareholder and his investment arm, boosting its shares.
The company, which expects revenues to reach 950 million zlotys
(291 million euros) this year, is giving itself three years to win a 20% share of the domestic frozen food market, which would put it in second place behind Hortex.
The German group had obtained exclusive rights at the beginning of September to negotiate this contract, worth an estimated 1.6 billion Zlotys
(Euro 390 million).
Last year it posted net profit of 13 million zlotys
(Euro 3.47 million), compared to 27.6 million zlotys
(Euro 7.36 million) in 2000, according to preliminary data.
The group earned 406 million zlotys
($146 million) versus 351 million seen by analysts polled by Reuters.
France Telecom, in association with the Polish Kulczyk Holding, is to pay an additional 156 million zlotys
(Euro 41.2 million) for 12.5% of Poland's national operator TPSA under the terms of a new agreement with the Treasury, which, in exchange, will forego its share in the dividend from profits in 2000 (150 million zlotys
(Euro 39.4 Million) from a total of 450 million zlotys
(Euro 118.4 million)).
Polish oil group PKN Orlen said on May 8 its consolidated net profit (calculated using International Accounting Standards) fell to 902 million Zlotys
(USD228.2 million) last year, down 4.4% on the 1999 figure.