Traditional feast held in city center for haves and have ... - Krakow Post
Traditional feast held in city center for haves and have ... - Krakow Post
Traditional feast held in city center for haves and have ... - Krakow Post
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DECEMBER 20-JANUARY 9, 2008 B U S I N E S S<br />
The <strong>Krakow</strong> <strong>Post</strong> 9<br />
Two local banks merge<br />
GDFL 1.2.:Piotr Brichacek<br />
Russia, Ukra<strong>in</strong>e<br />
sell<strong>in</strong>g cheaper<br />
coal <strong>in</strong> Pol<strong>and</strong><br />
Grazyna Zawada<br />
Staff Journalist<br />
Two major Polish banks, Pekao S.A. <strong>and</strong><br />
BPH S.A., <strong>have</strong> merged to <strong>for</strong>m the biggest<br />
bank <strong>in</strong> Pol<strong>and</strong> <strong>and</strong> <strong>in</strong> this part of Europe.<br />
The new bank, also called Pekao S.A.<br />
<strong>and</strong> <strong>for</strong>mally created on Dec. 1, has assets<br />
of about 120 bln zloty.<br />
The value of the whole transaction is put<br />
at 625.5 mln euro.<br />
The entire merger process is to be completed<br />
<strong>in</strong> the first quarter of 2008. Prior to<br />
the merger, BPH S.A. was divided <strong>in</strong>to two<br />
parts. The larger portion – consist<strong>in</strong>g of 1.5<br />
mln bank accounts, 285 bank<strong>in</strong>g branches,<br />
more than 300 partner agencies <strong>and</strong> more<br />
than 600 cash mach<strong>in</strong>es – was acquired by<br />
Pekao S.A.<br />
The rema<strong>in</strong><strong>in</strong>g part of BPH S.A – namely<br />
650,000 customers, 200 branches, a<br />
Market<strong>in</strong>g & Sales<br />
Enthusiasts!!!<br />
You are wanted!<br />
We are currently look<strong>in</strong>g <strong>for</strong><br />
people to jo<strong>in</strong> our Market<strong>in</strong>g<br />
& Sales team.<br />
Successful applicants will:<br />
- enjoy the art of sell<strong>in</strong>g <strong>and</strong><br />
meet<strong>in</strong>g new people<br />
- <strong>have</strong> a m<strong>in</strong>imum of<br />
one year of sales experience<br />
- be communicative <strong>and</strong><br />
flexible with a<br />
non-09:00-17:00 mentality<br />
If you are <strong>in</strong>terested,<br />
please write to us:<br />
jargonmedia@gmail.com<br />
br<strong>and</strong>, <strong>and</strong> <strong>in</strong>vestment funds outside Pekao<br />
S.A. – exists now as a m<strong>in</strong>or bank <strong>and</strong> is<br />
scheduled to merge with American GE<br />
Money group next year. The new, larger<br />
Pekao S.A is now governed from Vienna,<br />
as it belongs to HVB <strong>and</strong> UniCredit group,<br />
an Austrian-Italian bank<strong>in</strong>g group, but it<br />
seems that BPH S.A. is the bank with better<br />
results <strong>in</strong> acquir<strong>in</strong>g clients, sales dynamics<br />
<strong>and</strong> overall f<strong>in</strong>ancial results.<br />
Accord<strong>in</strong>g to data from the last three<br />
weeks, only 3,000 customers decided to<br />
close their accounts <strong>in</strong> BPH S.A. because<br />
they were unhappy with the merger. Employees<br />
of BPH were neither to encourage<br />
nor to discourage clients from chang<strong>in</strong>g<br />
banks, <strong>and</strong> all of the employees were<br />
tra<strong>in</strong>ed to <strong>in</strong>troduce the Pekao proposal to<br />
customers even be<strong>for</strong>e the merger.<br />
Jan Bielecki, the president of Pekao<br />
S.A., said that under one common emblem,<br />
MINI<br />
VACANCY<br />
MINI<br />
VACANCY<br />
Native English Teacher<br />
A school of English <strong>in</strong><br />
<strong>Krakow</strong> is look<strong>in</strong>g <strong>for</strong> a<br />
native English teacher.<br />
The position is available<br />
immediately <strong>for</strong> a period of<br />
one year.<br />
The <strong>in</strong>dividual should be<br />
enthusiastic <strong>and</strong> creative,<br />
possession of a recognized<br />
teach<strong>in</strong>g qualification<br />
(CELTA/TEFL) <strong>and</strong> some<br />
relevant previous experience<br />
<strong>in</strong> work with groups is<br />
required.<br />
If you are <strong>in</strong>terested <strong>in</strong><br />
this vacancy or would like<br />
further <strong>in</strong><strong>for</strong>mation please<br />
do not hesitate to send<br />
your CV.<br />
eng_schoolkrakow@<br />
yahoo.com<br />
Place a job offer here!<br />
jargonmedia@gmail.com<br />
Helper/Au-Pair<br />
We are look<strong>in</strong>g <strong>for</strong> a<br />
Helper/Au-Pair. Native<br />
English speaker<br />
preferred.<br />
aupair152krakow@<br />
yahoo.com<br />
Place a job offer here!<br />
jargonmedia@gmail.com<br />
RESUME<br />
Pekao S.A. now operates a bank that has<br />
more than 5 mln retail clients, more than<br />
300,000 bus<strong>in</strong>ess clients <strong>and</strong> more than<br />
15,500 corporate clients.<br />
The process of transferr<strong>in</strong>g all these customers<br />
<strong>in</strong>to a new <strong>in</strong><strong>for</strong>mation technology<br />
system will beg<strong>in</strong> <strong>in</strong> January.<br />
Vice President of Pekao S.A, Luigi<br />
Lovaglio, po<strong>in</strong>ted out that UniCredit is<br />
one of the three biggest bank<strong>in</strong>g groups <strong>in</strong><br />
Europe. The new Pekao S.A. has the biggest<br />
market capitalization <strong>in</strong> the region,<br />
17.8 mln euro; the biggest fund value,<br />
120.5 bln zloty, <strong>and</strong> a total of 68 bln zloty<br />
<strong>in</strong> loans. Lovaglio added that the new<br />
Pekao S.A. is prepar<strong>in</strong>g market<strong>in</strong>g plans<br />
<strong>for</strong> clients, tailor<strong>in</strong>g them to particular regions.<br />
It is planned that new mortgage <strong>and</strong> retail<br />
loan offers will be presented <strong>in</strong> the first<br />
quarter of the new year.<br />
MINI<br />
RESUME<br />
MINI<br />
Top Management<br />
M 31, University degree <strong>in</strong><br />
eng<strong>in</strong>eer<strong>in</strong>g, 6 years<br />
of top management<br />
experience <strong>in</strong> lead<strong>in</strong>g<br />
companies <strong>in</strong> <strong>in</strong>dustrial cool<strong>in</strong>g,<br />
refrigerat<strong>in</strong>g sector.<br />
Project management. Negotiations.<br />
Prepare<br />
technical solutions. Full scope<br />
of technical<br />
support: pre-plann<strong>in</strong>g. PC.<br />
Contact: jerrybarrows@<br />
yahoo.com<br />
Place a career resume here!<br />
jargonmedia@gmail.com<br />
Bus<strong>in</strong>ess/Personal Assistant<br />
Talented, experienced lady is<br />
look<strong>in</strong>g <strong>for</strong> a job of<br />
Bus<strong>in</strong>ess/Personal Assistant<br />
(full- or part-time)<br />
Degree <strong>in</strong> Philology, 10 years<br />
experience <strong>in</strong> Western<br />
companies. Very<br />
responsible, goal<br />
excellent organizational <strong>and</strong><br />
<strong>in</strong>terpersonal skills.<br />
Please contact me at:<br />
hiopole@mail.ru<br />
Place a career resume here!<br />
jargonmedia@gmail.com<br />
the krakow post<br />
Although coal m<strong>in</strong><strong>in</strong>g is one of<br />
Pol<strong>and</strong>’s major <strong>in</strong>dustries, Russia <strong>and</strong><br />
Ukra<strong>in</strong>e <strong>have</strong> begun sell<strong>in</strong>g coal <strong>in</strong> this<br />
country.<br />
Coal from those countries is cheaper,<br />
<strong>and</strong> it also has lower sulfur content, so it<br />
burns cleaner. The price break that Polish<br />
coal consumers are gett<strong>in</strong>g now is<br />
likely to dry up, however, some Polish<br />
coal operators predict.<br />
The Russians <strong>and</strong> Ukra<strong>in</strong>ians plan<br />
to make an all-out market<strong>in</strong>g assault<br />
on Pol<strong>and</strong>’s coal-burn<strong>in</strong>g power plants<br />
soon.<br />
Russian <strong>and</strong> Ukra<strong>in</strong>ian coal is extracted<br />
at a lower depth than <strong>in</strong> Pol<strong>and</strong>,<br />
mak<strong>in</strong>g it less expensive.<br />
The daily newspaper Rzeczpospolita<br />
said many Polish clients are sign<strong>in</strong>g up<br />
<strong>for</strong> coal from the east because of the<br />
lower price.<br />
“For me, price is the most important<br />
th<strong>in</strong>g, so I would prefer Russian coal,”<br />
said Jan<strong>in</strong>a Garbowska, who uses coal<br />
to heat her house <strong>in</strong> Podkarpacie <strong>in</strong><br />
southeast Pol<strong>and</strong>. “However, <strong>in</strong> the area<br />
where I live, we <strong>have</strong> access only to<br />
Polish coal.”<br />
Andrzej Pawlaszek, director of the<br />
government-owned coal m<strong>in</strong><strong>in</strong>g operation<br />
<strong>in</strong> Silesia, said he doesn’t believe<br />
Polish power plants will use Russian<br />
coal. With 16 m<strong>in</strong>es, the Silesia operation<br />
is Europe’s largest.<br />
Although Russian coal companies’<br />
extraction costs are lower than Polish<br />
companies, the Russians will <strong>have</strong><br />
to add transportation <strong>and</strong> safety costs,<br />
Pawleszek said. That means that “soon<br />
their costs will rise,” he said.<br />
But the Russians are sure to try to<br />
grab the lucrative power-plant bus<strong>in</strong>ess.<br />
In September, the Siberian Coal Energy<br />
Company set up a subsidiary <strong>in</strong> Pol<strong>and</strong>.<br />
It is Russia’s largest producer <strong>and</strong> one<br />
of the 10 biggest <strong>in</strong> the world.<br />
The company plans to deliver about<br />
one million tons of coal <strong>in</strong> Pol<strong>and</strong> over<br />
the next year.<br />
So far, it has used Polish agents <strong>for</strong><br />
its sales. But <strong>in</strong> the beg<strong>in</strong>n<strong>in</strong>g of 2008,<br />
it plans to sell the coal directly.<br />
The company has affiliates or subsidiaries<br />
<strong>in</strong> Krasnoyarsk, Primorsky,<br />
Khabarovsk, Irkutsk, Chita, Kemerovo,<br />
Buryatia <strong>and</strong> Khakassia.<br />
In 2005, its stock value made the<br />
company worth $1.9 bln.