INTERFAX - Poland news report of 23.05.2008

NEWS

Poland’s producer price index below market expectations at 2.5% in April

PRESS: Fate of some victims of infamous Polish kidnapping gang still unknown

Baltic, Polish presidents to discuss EU’s decision to start Russia-EU framework deal talks

STATISTICS

Poland’s core inflation accelerates to 2.8% y/y in April – National Bank of Poland

Poland’s industrial output up 14.9% y/y in April on solid manufacturing, automotive sector growth

Poland’s average wage up 12.6% y/y in April, corporate employment up 5.6% y/y

POLITICS

Poland ready to give Russia access to CCTV monitoring of U.S. missile-shield site – Foreign Min.

Poland, US see missile-shield deployment effects differently due to Poland’s geopolitical situation – Tusk

Poland expects United States to make concrete missile-shield proposals by July – Polish PM

Poland became European leader in shaping relations with eastern neighbors – Polish PM

Poland to prepare proposals for eastern dimension of EU’s neighborhood policy – Polish PM

PRESS: Poland must fund most of its military modernization on its own - U.S. diplomat

Americans using military modernization as negotiating tactic – Polish deputy Sejm speaker

Poland wants to strengthen cooperation with Chile and Peru to influence on global copper market

Presidents of eight countries confirm participation in energy summit in Kyiv

COMPANY NEWS

METALS

Polish copper producer KGHM Polska Miedz dividend increase not surprising - analysts

PHARMACEUTICALS & HEALTHCARE

PRESS: Polish multi-millionaire Solorz-Zak buys into pharmaceutical firm Bioton

RETAIL & CONSUMER GOODS

Polish retailer NFI Empik to invest more than PLN 200 mln in 2008, speed up expansion in CIS

FOOD, BEVERAGE & AGRICULTURE

Warsaw-listed alcohol distributor CEDC to buy 40% of Russian Alcohol for USD 156.5 mln

REAL ESTATE

Poland’s average cost of residential space construction up 10.69% y/y in Q1 2008

Polish developer Masters to take over smaller peer Wikana

Polish developer Global Partners warns of legal steps against Warsaw if Skra project rejected

Polish developer Polnord sees decrease in demand for small apartments

Canadian investors lure Polish city of Bialystok with possible PLN 650 mln hotel project

Polish developer Dom Development gets "buy" recommendation despite predicted earnings halt

PRESS: Poland claims "no delays" in preparations for Euro 2012 soccer event

Polish Mostostal-led construction consortium inks EUR 43.2 mln road renovation deal

Polish capital to get up to 470,000 square meters of new office space by end-2009 – consultant

OTHER COMPANY NEWS

PRESS: Polish shine a bit tarnished for major investors

ENERGY NEWS

OIL & PETROCHEMICALS

Polish currency’s strength limits price growth of liquid fuels – Polish PM

Georgia, Ukraine propose energy space of Baltic, Black, Caspian seas

Ukraine aspires to play greater role in forming Eurasian energy security – Yushchenko

PRESS: Russian expert claims Poland "stole" Lithuanian refinery Mazeiku Nafta from Russia

Polish Polimex-Mostostal signs PLN 222.3 mln engineering deal to develop refiner Grupa Lotos

Kiev energy summit to discuss westward oil shipment through Odessa-Brody pipeline – diplomat

Polish no.2 refiner Grupa Lotos buys 10% stake in North Sea oil production license

Polish firm Barter buys LPG business from Polish unit of Russian oil firm Lukoil

GAS

Polish gas monopolist PGNiG opens trade office in Ukrainian capital

Lukoil selling chain of natural gas filling stations in Poland

Ukraine to see gas prices rising to European levels in 2011-2012 – Gazprom

Polish gas monopolist PGNiG subsidiary signs contracts for drilling services

HEAT, POWER & SEWAGE

Polish no.2 consolidated power group Tauron to focus on reconstruction of production capacities

Lithuania hopes European Commission will prolong lifespan of country’s nuclear power plant

Poland and Lithuanian launch company for the construction of power bridge

EMERGING MARKETS NEWS HIGHLIGHTS

Europe’s oil companies fear Gazprom Neft’s strength in Europe after acquiring Serbia’s NIS

Kazakhstan bans exports of gasoline, diesel from June 1 to Sept 1

Kyiv offers Baku use of Odessa-Brody pipeline to ship Caspian oil to EU

EU-Russia talks on new treaty may be complete in 2009 – French official

Kazakhstan may bind all mineral developers to pay crude export duty in 2009

EU to endorse mandate for talks on new basic accord with Russia in next few days – Lavrov (part 2)

EU will soon decide on mandate for talks on new accord with Russia – Kouchner

Nb: This news report features only the headline of each news