Cabinet Economic Committee to decide number of affiliates in sugar holding

The Cabinet Economic Committee (KERM) will make a decision about the future of Polski Cukier sugar holding, accepting or making some changes in the proposal of the State Treasury regarding the number of sugar refineries which will be included in the holding. According to the Treasury, 28 sugar plants, not yet privatized, need to take part in the holding, while In fact there are still 49 plants available for privatization. But 16 of them are part of Slaska Spolka Cukrowa, which has actually sold them to French concern Saint Louis Sucre, a transaction awaiting only approval from the Interior Ministry in order to be finalized. The remaining five plants, which constitute the Kalisko-Koninska group, are considered by the Treasury as sold. German Pfeifer and Langen will be its strategic investor. Observers indicate that privatization processes at the same stage are underway in other sugar plants, but the question remains as to why the Treasury does not consider them sold as well. (Rzeczpospolita, p. B1) A.D.