Pace of closing sugar mills likely to accelerate

Members of the supervisory board of KSC Polski Cukier think that the restru cturing of its sugar plants needs to be accelerated. According to sources, it is almost certain that three, instead of previously planned one plant wi ll be closed this year. These plants are in Rejowiec, Pruszcz and Szczecin. This is despite the fact that the consortium of consulting companies advisi ng Polski Cukier said that it was ready to close only one plant. "This year, we should really close 5-6 mills, as keeping them open only increases our l osses. The advisor did not think about where the money would come from to k eep all the plants open, which requires over zł. 700 million," said KSC's s upervisory board deputy chairman Stanisław Grzelak. However, the Treasury M inistry stated that KSC was nevertheless moving towards closing even more p lants, but needs time to do this due to social reasons. The Ministry claims that mills located in large cities have the best chances of finding new inv estors. (Puls Biznesu, pp. 1, 3) M.M.