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:
Attachment | Size |
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![]() | 114 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
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