Locked content Comp signs deal worth PLN 56.29 mln

Comp in a consortium with its subsidiary Enigma Systemy Ochrony Informacji signed an agreement worth PLN 56.29 million with the State Treasury – the Information Resource Center (Centrum Zasobów Informatycznych) for the expansion of the cryptographic system – the company said in a press r...

Locked content Poland to favor investments over dividends in state-owned companies

Cabinet minister Henryk Kowalczyk told the Polish Press Agency (PAP) that the tReasury will stick to its policy of favoring investments over dividends from state-controlled companies. “The general policy is that we don’t drain the companies. We encourage investments, we want to enable investme...

Locked content Changes possible after Treasury companies audit – PM Szydło

The initial results of the audit of state-controlled companies will be announced soon, Prime Minister Beata Szydło said at a press conference. “Appropriate decisions, including personnel decisions, will be taken soon.” After numerous media reports regarding appointing politically-linked personnel in...

Locked content Poland to find a financial investor for LOT

According to the Treasury Ministry’s press office, Poland intends to take control over its flagship airline PLL LOT. Moreover, they are going to attract a financial investor. The Treasury Minister Dawid Jackiewicz is making an extensive plan for the company. In his opinion, PLL LOT requires &#...

Locked content Ombudsman criticizes new state land bill

Government ombudsman Adam Bodnar sent a letter to Prime Minister Beata Szydło this week, in which he shared his concerns about the upcoming state-owned land sale bill. The measure calls for the freezing of sales of most land owned by the State Treasury for the next five years. The government justifi...

Locked content Sejm begins working on state land sale bill

The Council of Ministers has commenced work on a bill regarding the sale of state-owned land, ISBNews reports. The bill will freeze the sales of many agricultural properties owned by the State Treasury for the next five years and implement some changes to laws proposed by the Minister of Agriculture...

State Treasury reveal revenue from state-run firms

Polish companies owned by the State Treasury recorded revenue of nearly PLN 4.55 billion from dividends in 2015 which is  similar to the results noted in the previous year, the Ministry of the State Treasury reported.

Poland begins work on merging fuel firms

The Minister of State Treasury announced on Monday that Poland has started analytical works on merging its fuel sector firms PKN Orlen, Lotos and PGNiG, the Polish Press Agency informed.

Locked content EIB to lend Poland €940 mln for science and research

The Minstry of Finance published a statement, which informs that the European Investment Bank (EIB) will lend Poland €940 million  for research and science. “On Friday, 18 September, the chairman of EIB dr. Werner Hoyer will visit Poland. During his stay, two credit agreements will be signed b...

Locked content State treasury transfers 2% stake in PKO to BGK

The State Treasury has transferred a 1.96 percent stake in state-controlled lender PKO BP, to state development bank BGK to boost its flagship investment program,  the Treasury Ministry informed. BGK has no plans to sell the stake, the ministry also said. Prior to the transfer, the State Treasury ha...