PIR to be growth engine for Polish economy - Karpiński

The new CEO of state-owned investment vehicle Polskie Inwestycje Rozwojowe (PIR), to be chosen soon, should carry out projects that will be the growth engine of the Polish economy, Treasury Minister Włodzimierz Karpiński was quoted as saying by the Polish Press Agency. The recruitment for the chief executive of PIR is almost over, Karpiński said. Media sources see current deputy head of the Industrial Development Agency, Jerzy Góra, as one of the most likely candidates. Karpiński said that by the end of next year, PIR should be engaged in projects worth some PLN 10 billion. He added that the ministry would carefully supervise the carrying out of these investments.