Shareholders will consider an increase in RadioMobil's stock

Article Abstract:

Radiomobil (Prague, Czech Republic), mobile operator, wants to increase its stock by CEK 3 bil. The step should ensure finances for the 2001 investments, which should be about CEK 11.2 bil. Radiomobil is a subsidiary of Ceske radiokomunikace (CRA) (Prague, Czech Republic), which will decide on the stock increase. If CRA's owners do not decide to increase the stock, the board will propose to grant a loan on the same level to Radiomobil with a possibility of its inclusion during the redemption of a new share issue.

Securities issued, listed, Transportation, Transportation industry, Radiomobil

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Setuza will strengthen its Polish subsidiary

Article Abstract:

Setuza (Usti nad Labem, Czech Republic), fat-based products firm, will increase the stock of its wholly-owned subsidiary Setuza Poland (SP) (Poland). The level of the stock will rise from PZN 7,000 to PZN 25,000, about CEK 250 mil. Another stock increase will be realized in 2002. SP has 25 employees. SP's proceeds represented about 20% of the firm's total proceeds of CEK 700 mil from the exports of final products in 2000.

Foreign operations, Poland, FOOD AND KINDRED PRODUCTS, Fats and Oils Refining and Blending, Parent-to-subsidiary activities, Edible fats and oils, not elsewhere classified, Fats and Oils, Starch and Vegetable Fats and Oils Manufacturing, Margarine, Edible Vegetable Oils, Setuza a.s.

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