Government sends out PHS tender invitations

Representatives from the Treasury and Economy Ministries have sent out tender invitations for Polish Steel Mills (PHS). One of them went to the India-based Tata Steel. However, both the government and the sector itself would rather count on a European concern or US Steel. "We are waiting for the offers to come in. Only then we will be sure which companies are really interested in the privatization of PHS," said Andrzej Szarawarski, a Deputy Economy Minister. So far Pan-European Arcelor, German ThyssenKrupp, American US Steel and British-Dutch LNM have revealed their interest in the tender, with the latter two companies appearing the most determined to acquire PHS. Tata Steel's representatives declined to comment on the issue. (Puls Biznesu, p. 3) K.Z.