Gov't to block hostile investments

The government wants to have a right to block hostile investments, Włodzimierz Karpiński, the Minister of the Treasury, told Polish Radio. In some cases the sale of Polish companies would require the minister's agreement. The limitations will apply to the companies operating in the military, energy, chemicals and mining sectors. The minister also said that in recent years, investors' interest was not always in line with the state's interest. In June 2014, Russia's Acron increased its stake in the Azoty Group. It had also tried to take over the nitrogen plants in Tarnów. The company defended against the takeover by merging with Azoty Group.