Locked content EBRD to Poland – more privatization

The European Bank for Reconstruction and Development’s President Suma Chakrabarti said that Poland should speed up privatization, particularly in the banking and energy sectors. “It’s quite surprising, given Poland’s leadership in the whole transition race, that so much of the economy is still in st...

Locked content Poland won’t privatize state firms anymore – Kowalczyk

Poland “will no longer privatize” state companies and will focus on “rebuilding assets,” cabinet minister Henryk Kowalczyk said. According to Kowalczyk, Poland will continue the nationalization of the banking sector through acquisitions, after the state-owned insurer PZU has acquired stakes in a num...

Locked content Polish firms ready to buy Belarusian companies

The potential participation of Polish companies in privatization in Belarus is a watershed moment in the history of these two countries, Deputy Prime Minister Mateusz Morawiecki said. He added that a list has been agreed of Belarusian companies that Polish companies could try to purchase. “We agreed...

Locked content MF: PLN 976mln from privatization in 2016

The Ministry of Finance published a budget bill for 2016, which assumes that the profit from privatization will increase up to PLN 976 million in 2016, although the estimated amount for this year was PLN 106,65 million. “Similarly to previous years, the greatest profit from privatization will ...

Locked content PKP Energetyka privatization possible before autumn

There is a chance that the the privatization process of PKP Energetyka will be finalized before the parliamentary elections, said Maria Wasiak, Minister of Infrastructure and Development. “The project is being continued and is being carried out in a commercial manner. Whoever applies, whether ...

Locked content Great interest in PKP Energetyka

The state-controlled railway operator, PKP received initial offers for its subsidiary, PKP Energetyka, the firm informed. “There are Polish and foreign entities, strategic and financial investors, among the companies who have made initial approaches,” Sławomir Baniak, the PKP’s dir...