Nordzuker prepares to sue Poland for EUR 200 million

Nordzucker agreed to buy four state sugar groups consisting of 11 mills and with a combined market share of 20%, the minimum it said was necessary to achieve profitability. However, the Treasury's plans for the sector changed in the meantime and Nordzucker was left with just two groups, making it the smallest foreign player in the industry. Nordzucker had asked a court of arbitration to estimate the level compensation it may rightfully claim for its sunk costs and unrealized benefits. According to unofficial sources, the company may end up demanding EUR 200 million. (Rzeczpospolita, p. B1) R.M.