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Defense contractor Bumar plans to list on the WSE

Company representatives want to offer a minority share in the corporation's capital. "This is a significant condition. The state, in accordance with the governmental strategy, has to maintain its power over the largest producer of weapons," said Bumar's president, Edward Nowak.

The head of the holding, which currently comprises 22 state companies in the same sector, hopes that being listed on the stock Exchange will force through the implementation of modern management techniques, as the company seeks to restructure.

Source: Rzeczpospolita (A.K.)

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