News Parkiet

Construction

Shareholders refuse to discharge

ex-Mostostal Siedlce executives

Shareholders refused to grant discharge to two senior executives of the publicly traded Mostostal Siedlce construction and engineering group at an annual meeting on Friday. CFO Jan Sęktas and board member Zbigniew Górski left their posts recently as the company moved closer with merger with its parent company, privately held Polimex-Cekop, which has 55 percent of Mostostal.

Petrochemicals

Some Orlen franchisees may switch

to Mazeikiu refinery

A number of disgruntled franchise owners of PKN Orlen gas stations may be turning to a Polish trading company owned by Lithuania?s Mazeikiu refinery as their main fuel supplier. Mazeikiu?s representative in Poland admitted his firm is receiving calls from Orlen gas station owners interested in switching brands, but says Yukos-owned refinery has no immediate plans to expand into Polish retail market. PKN Orlen?s 564 franchise gas stations across the country account for approximately 30 percent of its retail sales.

Retailing

Coffeeheaven planning expansion across Central Europe

Coffeehouse chain operator Coffeeheaven has entered discussions to buy competing chains in three unnamed Central European countries, expanding from its regional home base in Poland, wholly owned subsidiary CHI Polska said on Friday. Coffeeheaven, which is listed on UK?s AIM market said there?s room for up to 300 retail outlets across the region, up from 22 it now owns.

Breweries

Brau Union may sell Warsaw brewery

Austria?s Brau Union may be planning to sell a valuable piece of real estate, an old brewery near downtown Warsaw after selling out to Heineken and shutting down its operations in Poland. Real estate agents say the site could be used for a luxury housing project. It initially paid PLN 160 million ($40 million) for the plant.