Keep it coming
According to the Treasury, gross income from privatization was zł.502.8 million by the beginning of May, which is 8.9 percent of the annual plan. This was zł.50 million more than at the end of the first quarter, when the amount equaled zł.450.2 million.
In the last four months the Treasury has carried out 23 transactions of shares sales for zł.402 million.
At the same time it received the amount due from investors for 30 projects worth zł.13.6 million. Direct privatization brought in about zł.87.3 million.
The biggest privatization transaction in the last months was the Treasury's sale of 31.5 percent of Impexmetal shares to Boryszew for zł.192.5 million. The second biggest transaction in terms of revenues was the sale of 85 percent of Zelmer shares via a public offer, which was worth zł.169 million.
Since the beginning of this year the budget has benefited by some zł.370.4 million, all coming from privatizations. This makes 8.3 percent of the budget earnings planned for this year.
In 2004, for the first time in the last few years, revenues from privatization contributed more to the budget than was forecast in the budget bill.
Last year the Treasury had zł.10.25 billion gross income from privatization and zł.7.37 billion went to the budget. This was only possible due to the sale of 38.5 percent PKO BP shares, which earned the government a total of zł.7.6 billion.
By the end of this year the Treasury expects to gain zł.5.67 billion from privatization, out of which zł.4.439 billion would flow to the budget. (ISB) A.B.
In the last four months the Treasury has carried out 23 transactions of shares sales for zł.402 million.
At the same time it received the amount due from investors for 30 projects worth zł.13.6 million. Direct privatization brought in about zł.87.3 million.
The biggest privatization transaction in the last months was the Treasury's sale of 31.5 percent of Impexmetal shares to Boryszew for zł.192.5 million. The second biggest transaction in terms of revenues was the sale of 85 percent of Zelmer shares via a public offer, which was worth zł.169 million.
Since the beginning of this year the budget has benefited by some zł.370.4 million, all coming from privatizations. This makes 8.3 percent of the budget earnings planned for this year.
In 2004, for the first time in the last few years, revenues from privatization contributed more to the budget than was forecast in the budget bill.
Last year the Treasury had zł.10.25 billion gross income from privatization and zł.7.37 billion went to the budget. This was only possible due to the sale of 38.5 percent PKO BP shares, which earned the government a total of zł.7.6 billion.
By the end of this year the Treasury expects to gain zł.5.67 billion from privatization, out of which zł.4.439 billion would flow to the budget. (ISB) A.B.
