Polmos Zielona Gora for sale again, this time perhaps at a higher price
Spirit producer Polmos Zielona Gora has announced a new tender after the
Sejm decided that its main product, a vodka called Luksusowa, is not a
public name. This is the second attempt to privatize the distillery, bids
are being accepted until September 24. A preliminary offer has already been
made by Swedish concern Vin & Sprit, the producer of Absolut vodka. "We are
interested in the Polmos companies, but decline to comment any further on
the matter," said Margareta Nystrom, communication deputy president of Vin &
Sprit. If Polmos finds an investor, the state budget will secure a tidy sum.
The value of the company was put at zl. 300 million during the first tender.
This time round, potential investors may be willing to pay even more as tax
reductions on strong spirits will probably boost its value. (Puls Biznesu,
p. 10) A.D.