News Parkiet

Banking

Millennium

to receive extra

payment for PZU

stake

Publicly traded Bank Millennium will receive an additional, 700-million zloty payment for the 10 pct. stake in PZU insurance group it sold to Eureko BV last year. Based on Eureko deal, Poland?s biggest insurance company is valued at around 23 billion zloty (5.7 billion euro), well below other estimates of up to 34 billion zloty.

Breweries

Żywiec settles

dispute with

Habsburgs

Heineken?s Grupa Żywiec has finally settled its long-running dispute with the Habsburg family over its use of pre-WW2 logos and names associated with Żywiec brewery. Arcyksiążęcy Browar Żywiec was nationalized in mid-1940?s.