Upscale retailer finds niche in Poland

Article Abstract:

Polish entrepreneurs Piotr and Pawel Wos have created a successful grocery store chain in Poland that appeals to upscale shoppers. The stores are competing successfully with such foreign heavyweights as Britain's Tesco PLC and France's Carrefour S.A.

Sales, profits & dividends, Management dynamics, MISCELLANEOUS RETAIL, HOME FURNITURE, FURNISHINGS, AND EQUIPMENT STORES, Management, Officials and employees, Company sales and earnings, Company earnings/profit, Company business management, Specialty stores, Businesspeople, Entrepreneurship, Entrepreneurs, Wos, Piotr, Wos, Pawel

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Elektrim holders call meeting about board

Article Abstract:

Elektrim S.A.'s minority shareholders called a meeting of stockholders to reorganize the company's board, after its members earlier this week took action to oust the conglomerate's chief executive, Barbara Lundberg.

Stockholder data, Appointments, resignations and dismissals, Investor relations, Lundberg, Barbara, Elektrim S.A.

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Elektrim gets loan to redeem convertible bonds

Article Abstract:

Bank Pekao S.A. has granted Elektrim S.A. a short-term loan that will enable the latter to pay off its convertible bonds. Elektrim's convertible bonds, valued at 488 million euros, will mature by December 15, 2001.

Receipt of funds, Use of Funds, Finance, Elektrim, Convertible bonds, Bank Pekao S.A.

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