Employees of bankrupt brewery form new company

They have already turned to the State Treasury with the proposition to acquire a 100% stake. All employees who were employed on a permanent basis, that is 80% of the workforce which total 180 have formed the company called Browar Górnośląski. "First we want to purchase the shares of the bankrupt Browary Górnośląskie and later begin negotiations with the creditors concerning debt repayment. We think that we will be able to maintain the current level of employment and continue the company's operations," said Jan Jędrak, the plenipotentiary of Browar Górnośląski. He did not, however, want to reveal what the proposed price was for the purchase of shares and how the required funds would be raised. Although the State Treasury press office has confirmed receiving such a proposal, no information was given on when the final decision will be made. (Parkiet, p. 5) A.K.