Management shake up at Nafta Polska heralds sea change

"I took the position of deputy president of NP under the condition that privatization will be continued. One cannot forget that the integration and concentration of the sector are necessary. Polish chemical companies are too small to compete with foreign corporations," said Wojciech Lubiewa-Wieleżyński, deputy president of NP and head of the Polish Chamber of the Chemical Industry (PIPCh). In his opinion, one should aim at creating an entity, the turnover of which would at least amount to EUR 1 billion, while finally it would increase to EUR 5 billion. In this scenario, one of the domestic investors will become an integrator of the whole process in the country. "The most important [in case of potential investors] are investment programs for the companies, which will guarantee their development," said deputy president of NP. (Puls Biznesu, pp. 1, 8) M.M.