PKP Energetyka and TK Telekom privatization complete this year

PKP wants to finalize the sale of TK Telekom and PKP Energetyka before the end of the year, Jarosław Bator, member of the board, told ISBnews. "We want to complete the sale of TK Telekom as soon as possible, but, of course, we don't want to push ourselves. The agreement with unions over employees' guarantees was a milestone," Bator said at the VII European Economic Congress in Katowice. According to him, the company is in very good condition after the restructuring process. PKP rules out trading TK Telekom on the WSE and is looking for an investor. "The company is worth a few hundred million and we want to sell 100 percent of the stake." "We want to finalize both transactions before the end of the year. TK Telekom will be sold first, and then, PKP Energetyka in Q3 or Q4," claimed Bator.