up private banking unit
Financial services group Getin Holding said it would use the banking license of Wschodni Bank Cukrownictwa, a small regional bank it bought from other lenders who saved it from bankruptcy several years ago, to build a private banking unit. Separately Getin Holding said its main operating unit, Getin Bank, would earn at least 81 million zloty ($25 million) this year.
Petrochemicals
Russians still in play
for Mozheiki refinery
Russian oil giants Lukoil and TNK-BP may qualify for another round of negotiations to buy Lithuania?s Mozheiki refinery if they raise their bids, Economy Minister Kestutis Dauksys said. Sources say each has offered around 600-700 million dollars for the 53.7 percent stake in Lithuania?s main oil refinery.