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Tuesday, October 12th, 2004

Synthesize this

A generic Viagra copy designed in Poland is set to hit the country's drugstores and take a slice out of Pfizer's Viagra sales. But Pfizer say it blatantly violates their EU patent and is filing suit. The situation reveals a deeper rift between this country's love of cheap generics and the EU's stricter stance on intellectual property. Oct 11th | Read

>>>Bank BPH guns for bigger share of the loans market

>>>Retail investors given larger slice of PKO BP action

>>>Jacek Socha demands investigation of TFS finances


A slice of the PKO BP action The privatization of Poland's largest retail bank PKO BP, began in earnest this Monday. Oct 11th \| Read TP unveils major revamp of internet prices in battle to regain lost customers TP has decided to modify its internet access offer. Oct 11th \| Read ZPUE records sales success story as profits double The electrical manufacturer ZPUE expects this year's financial results to be much better than last year. Oct 11th \| Read PZU given go-ahead to breath new life into Warsaw Stock Exchange debut PZU given go-ahead to breath new life into Warsaw Stock Exchange debutTreasury Ministry wants PZU to revive its preparations to enter the Warsaw Stock Exchange (WSE) despite the company's on-going dispute with the Dutch-owned Eureko financial services group. Oct 11th \| Read	Logistics giant's link-up FedEx Express, a subsidiary of FedEx Corporation, announced last week the opening of its Warsaw bureau and its cooperation with local logistics firm Stolica SA. Oct 11th \| Read Big spender in town This week brings the European Investment Bank (EIB) Forum 2004, to be held on October 14-15 in Warsaw. Oct 11th \| Read SdPl's first convention calls on party to support Marek Belka's government Polish Social Democracy (SdPl) has vowed to fight its worst enemy - "the radical and fundamentalist right wing" and support Prime Minister Marek Belka's government during the vote of confidence. Oct 11th \| Read Toward an outsource heaven Poland is the world's tenth most popular outsourcing center -but businesses are keen to close the gap on the front runners. Oct 11th \| Read

NBP mid-rates closure on Oct.11		ZLOTY
EUR	1	4.3156
GBP	1	6.2477
USD	1	3.4795
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Temperature	4/5 °C
Barometer	1020 hPa
Wind direction and speed	SW at 10 km/h
Conditions	Cloudy
See forecast

Monday, Oct. 11, 2004 closure
MIDWIG	1,725.27	-0.02%
NIF	86.38	0.61%
TECHWIG	621.28	0.72%
WIG	25,489.32	0.15%
WIG20	1,829.48	0.29%
WIRR	4,802.12	-0.48%
Warsaw Stock Exchange

Monday, Oct. 11, 2004
CAC	3,727.64	-0.27%
DAX	4,019.19	0.09%
DJIA	10,084.33	0.29%
FTSE 100	4,684.10	-0.31%
NASDAQ	1,923.32	0.17%
S&P; 500	1,123.73	0.14%
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Predictable Chaos

It has been said that, for the individual, there are only two certainties in life. Death and Taxes. Oct 11th | Read

The more the merrier

British warehouse developer Parkridge, in association with compatriot investor Morley Fund Management, is to spend R200 million on the development of nine logistics parks in Poland, Slovakia, the Czech Republic and Hungary, totaling 800,000 square meters, over a five to seven year period. Oct 11th | Read

Double taxation

Depart from Spolka Jawna


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