Briefs

Investkredit for Polimeni Investkredit Bank has granted a long-term loan of 14.5 million euro to the Polimeni International Konin developer company. It is to be used to refinance liabilities connected with the construction of the Gallery on Lake Konin. The loan is to be repaid over 18 years and is secured by a mortgage. New main office for Abet Abet of Italy has purchased a modern office and warehousing property with high-stacking warehouse of 1500 sqm in Warsaw's Bemowo district. The company operates in the construction industry where it has won a strong position on the high-pressure and HPL laminates market. The transaction was serviced by Unikat Nieruchomości Komercyjne. GTC registers good performance Though GTC earnings slumped 20 percent last year compared with 2002 and stood at 223.6 million zlotys, the net profit rose by more than 3 million zlotys and reached a ceiling of 114.8 million. Profita