LOT to be privatized in 2015, shares 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 raising the capital by issuing company shares," the minister said. The company will be privatized under two conditions: its brand and the main office will remain, according to Bieniak.