Polish Post prepares for bourse debut

State-owned postal operator Polish Post is preparing for future WSE listing and major investments, the company’s CEO Jerzy Józkowiak told the Polish Press Agency in an interview. “We have been doing analyses regarding the planned listing our shares for several months,” Józkowiak said. “We assume that the State Treasury will remain majority owner, with an at least 51-percent stake,” the CEO added. “There are however no decisions yet on the timing of the WSE debut.” Józkowiak also said that Polish Post would spend more than PLN 1.3 billion on investment in 2014-2018. A large part of the money will be spent on modernization.