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| January 01, 2006 | COPYRIGHT 2006 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Polish News Bulletin)

The Grupa Lotos oil company signed a contract on Friday for the sale and supply of oil to Shell Polska. The value of the agreement is estimated at ZL410m and the contract will be in force throughout the entire 2006. Between May and November of last year, Grupa Lotos signed long-term contracts totalling ZL13.5bn in value.

The KGHM copper and silver giant plans to utilise domestic deposits for at least 40 more years. The company has a detailed plan of production based on its own sources until 2020. KGHM's announcement comes after the Treasury Ministry's recent statements that KGHM should prioritise the search for new deposits.

The Office for Competition and Consumer Protection (UOKiK) imposed two fines on the Poczta Polska state post, amounting to nearly ZL4.5m. According to ...

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