Skip to content
Advertisement

Business

NP prepares plan B for chemical sector privatization

However, NP management revealed that it is currently working on a "B" plan, just in case the ministry will withdraw from the previous decision to go ahead with the privatization processes. "The project is a key issue and is formally closed, however, the finalization of the transaction is not sure, therefore we have to prepare the companies to continue operating without any problems," said NP president, Marek Drac-Taton. He added that an alternative to obtaining an investor for the companies might be floatation on the Warsaw Stock Exchange (WSE). NP is also currently in talks with potential candidates to take the top positions in the chemical sector plants and prepare new plans for development. (Puls Biznesu, pp. 1, 9) A.K.

More from Business All