LOT to be privatized in 2015, bonds issue possible

The state-controlled airline, LOT will be privatized until the end of the current year and increasing its capital is not excluded, the deputy state treasury minister Rafał Bieniak announced. "The scenarios for LOT assume involvement of an industry investor, a financial investor as well as rising the capital by issuing bonds," the minister said. The company privatized under two conditions: its brand and the main office stay the same, according to Bieniak.