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Poland to find a financial investor for LOT

11:03

According to the Treasury Ministry's press office, Poland intends to take control over its flagship airline PLL LOT. Moreover, they are going to attract a financial investor. The Treasury Minister Dawid Jackiewicz is making an extensive plan for the company. In his opinion, PLL LOT requires "a fast repair plan as well as capital support." "The aim is to attract an investor, but without losing control: the State Treasury should retain control over LOT," the ministry said in the statement. "A financial investor therefore seems to be the best option. The acquired capital could be used for investments in planes."
Currently, the State Treasury holds a 99.82 percent stake in PLL LOT.

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