Poland will assess SOEs foreign expansion critically

Treasury Minister Dawid Jackiewicz said in an interview with Polish weekly Wprost that Poland will assess foreign acquisition plans of major state-controlled firms "very critically" in terms of profits they are to bring in. "PKO BP has its own program, so does KGHM, while Orlen is also running acquisitions abroad," Jackiewicz said. "We will not oppose it, but we will assess them very critically from the point of view of profits they are to bring in." "We are in favor of expansion, but only in a rational manner," he said. Jackiewicz said that Poland wants to coordinate foreign investment projects through credit lines from state-controled lender PKO BP or the creation of a "broad coalition" of firms.