LOT privatization still on course despite Treasury Minstry stalling its decision

Deputy Treasury Minister, Maciej Heydel, revealed that the procedure for introducing the company to the bourse has been suspended. According to him, the concept of floating LOT on the bourse is abrupt from the company's economic reality. At the same time, Heydel said that neither the company's restructuring process nor its privatization are in jeopardy. "By the end of March a coherent strategy with a precise schedule will have been worked out. The work on this strategy is being conducted, but it will be completed by the new management board. I would like the new president to be chosen by mid February," said Heydel. (Parkiet, Jan. 14-15, p. 4) A.F