POLICY OF FRANCO-POLISH TRADING COMPANY, LANDY FRERES

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP82-00457R008900230010-2
Release Decision: 
RIPPUB
Original Classification: 
S
Document Page Count: 
1
Document Creation Date: 
November 9, 2016
Document Release Date: 
April 21, 1999
Sequence Number: 
10
Case Number: 
Publication Date: 
October 11, 1951
Content Type: 
REPORT
File: 
AttachmentSize
PDF icon CIA-RDP82-00457R008900230010-2.pdf114 KB
Body: 
W ~ID Approved For Release 1999/. di '-AbP82-00457R00890023 X0=2 CLASSIFICATION 25X1 A CENTRAL INTELLIGENCE AGENCY REPORT NO. INFORMATION REPORT CD NO. COUNTRY FrE nce/Polan4 SUBJECT Policy of the Franco-Polish Trading Company, Landy Freres PLACE ACQUIRED DATE OF 25X1 A INFO. P)0 NO] 94a DATE DISTR. 13. October 1951 NO. OF PAGES 1 NO. OF ENCLS. (LISTED BELOW) REPORT NO. 25X1 X SUPPLEMENT TO 1. Since May 1951 the sales policy of the Franco-Polish trading company, Tandy Freres (formerly Vitrame) Paris, has shown a marked tendency to turn away from Iron Curtain markets in favor of new ones in the West. The section of the company which had hitherto concentrated on supplying French ballbearings to Poland and other satellite countries was recently instructed to make offers to Canada, Brazil and Chile. This particular section of the company's exports to Poland has shrunk steadily since 15 April 1954, ',when the French authorities ceased to grant export licenses for balibearings fur that country. Although new Franco-Polish trade agreements were signed at the beginning of July 1951, the issue of these licenses had not been resumed up to 10 July 1951. 2. Landy Freres.anticipnte that when the new trade agreements come into full operation, they will continue to handle all supplies of French ballbearings for Poland. They doubt, however, whether the Polish authorities will continue to place orders for "pieces detaachees", motor cars, trucks, buses and mchine tools through their firm, as there are already indications that this business will be done direct with the French producers. This represents a drastic change as far as the fir is concerned, from past times when Jozef Kutin, alias Jose Kutyn and Yacher (fnu), as officials of the Polish Embassy in Paris, made it a point of policy to see that all such orders were channeled through Vitrame. Both bandy Freres and the associated firm of Framel have, for some months past, been exercising a policy of retrenchment and economy generally. 3. The association of the Italian trading company Natco, of Rome and Milan, with Landy Freres, Paris, ceased in April 1951. bandy Freres still have an agency, however, at Casablanca, named Pinault, which specializes in imports from I3ungar3r to North Africa. 4. There have been protracted negotiations for the past year or two between Polish representatives and the French suppliers of 12 million francs worth of faulty bailbearings, with a view to settling the question of advance payments made by Poland an these deliveries. Up to the present, Poland has received no satisfaction regarding the payments made. lit Class. t>1ags, C ti d To: TS S Approved For Release 1999/09/09 : CIA-RDP Q4571R0 90 0010- ?4 3stei -s2--fBy: