Briefs

Polinvest considers a return to the investment market Despite earlier abandoning its original investment plans, the Gdansk-based owner and manager of the Klif shopping centres in Gdynia and Warsaw, is considering a return to the investment market, after restructuring its debts in 2002. The change of position has come about because of a recent increase in real estate prices. The company has no concrete plans for the moment but is researching the market.  LPP expands By the end of 2003 there will be 24 new Reserved shops in Poland, bringing the total to 65. By 2005 this number could come to 110-120. Reserved's owner LPP plans to spend PLN 23-35 mln on marketing the brand every year, which will be funded by current profits and bank loans. According to recently published data, LPP's net profit for 2002 was PLN 18 mln, which it is forecast will be PLN 31 mln by the end of this year. Presi