Gov't's sale of Polish Steelworks' shares angers MPs

However, the report drawn up by the Supreme Chamber of Control (NIK) raises many questions concerning, among other things, the price of the share package. Since the offer - zł.66 million, i.e. zł.1 per share - was made by Mittal, the market value of the steelworks has significantly grown. The agreement is strongly criticized by Polish MPs but the government's withdrawal from it might cause a serious conflict with the world's biggest steel producer. If the Ministry of Finance and Mittal fail to carry out the agreement by the end of 2007, PHS may launch its shares on the stock market. (Puls Biznesu, p.4) A.M.