Warsaw Airport to be commercialized

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Poland’s Ministry of Infrastructure is preparing the commercialization of Polish Airports (PPL), which operates the Warsaw Chopin Airport, Puls Biznesu reports. The plan is to transform the state enterprise into a commercial entity, majority-owned by the State Treasury.

“The commercialization will greatly enhance the process of transforming PPL into a modern and effective firm, which we launched in March this year,” the company’s director general Michał Kaczmarzyk told the daily. Such a company could effectively compete with major European air hubs, he stressed.

The ministry’s plan sees PPL employees acquiring part of the newly formed company’s shares. It also stipulates for the compulsory purchase of all land that the airport is located on and its transfer into the firm as assets.

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