Briefs

Investors still concerned about moving into Poland

Foreign companies are still unhappy at the levels of bureaucracy, bad infrastructure and corruption in Poland, according to the Investment Climate Barometer, a periodical survey produced co-operatively by the British-Polish Chamber of Commerce and Synovate, a research company. The results of the barometer were published in 'Puls Biznesu'.
Enterpreneurs were critical of governmental efficiency and claimed Poland came last among pre-accession countries as a good environment for doing business.

Mortgage bonds for sale

Mortgage bank Rheinhyp-BRE Bank Hipoteczny is to issue its first public mortgage bonds in Poland, with the sale to take place between April 7th to 14th this year. The bank's representatives say they want to attract institutional investors.
The value of the issue will range from PLN 150 to 200 mln and will not be the last.

Bauma establishes subsidiary in Russia

The Polish construction and materials' manufacturer Bauma has set up a Russian subsidiary, called Bauma-Rus, with RUR 10,000 (EUR 301) authorized capital. The new company will specialize in selling building materials to local construction firms. Bauma already operates in Ukraine and the Baltic countries.