New Treasury Min. hopes to complete privatization of 110 companies in 2000

Yesterday the newly appointed Treasury Minister Andrzej Chronowski addressed a meeting at the Hanover Expo 2000. He said that the estimated value of the Treasury Ministry capital amounts to zl. 40.8 billion and around 110 companies are slated to be privatized in 2000 in Poland. The Minister announced that the steel sector will take a special place in his privatization plans. At the same time, the energy and sugar sector will go through a thorough privatization and restructuring process. Additionally, in 2000-2004, the Minister plans to privatize 26 Polish health resorts. Chronowski also aims at direct privatization of small- and medium-sized firms run by voivodes. As reported by the Minister his main objective is to achieve long term and stable economic growth. (Prawo i Gospodarka, page 1,3)