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Interior Minister approves Pfeiffer und Langen sugar mill acquisition

Interior Minister Marek Biernacki has given the go-ahead for German company Pfeiffer und Langen to buy the five sugar mills belonging to the Kalisko-Koninska group. The Treasury has already approved the deal, after a contract was concluded by the Poznan-Pomorski holding, the mills' owner, in mid-July. The deal is supported by four out of the five mills, with only the Zbiersk refinery opposed to the takeover by the German company. The agreement comes as good news for the mills' employees and local sugar beet growers, whose future employment is more secure. The five mills will not now become members of Polski Cukier, the giant sugar holding that will come into being with the enactment of the Sugar Bill tomorrow. (Gazeta Wyborcza, p. 17) K.K.

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