Boryszew to sell assets worth PLN 200 mln

Polish industrial group Boryszew reckons it will obtain PLN 200 million from non-core asset sales this year, its CEO informed Reuters. "We are still putting our assets in order inside the group, which consists of several dozen companies. We are getting rid of our non-core assets," chief executive Piotr Szeliga said in an interview on Thursday. "I think that we can raise PLN 200 million from selling operating and non-operating assets," he added. Boryszew may put on sale parts of the group's chemical businesses, as it has been suffering from lower demand in Russia and Ukraine, the agency pointed out. The firm is going to focus on its most profitable automotive and metals businesses, Reuters also reported.