Bargaining over KBP 100.

In the last issue of Eurobuild we looked into the circumstances surrounding KBP 100. Because some new evidence has come to light and we would like to clarify some of the points raised in last month's issue, we are addressing the subject once more. KBP, KBP-1 and KBP 100. Although the 14 hectare plot, on which KBP 100 stands in Zabierzów, has been owned by Kraków Business Park for almost 5 years, the latter is not its direct investor. The building belongs to KBP-1 whose shareholders are KBP (over 50%) and PIA Piasecki Inwestycje (approximately 40%). "PPI recently had to relinquish some its shares," says Stanisław Lewak. PPI have been trying to find a buyer for their shares in KBP-1 for several months now, as its owner, Kredyt Service, (a subsidiary of Kredyt Bank), is trying to replenish its investment portfolio. Who can do what? KBP's  Director of Business Development, Stanisław Lewak has said that, under company statutes, no shareholder is entitled to