PP adopts a conservative medium-term strategy

.Polish Post (PP) has amended its strategy, which envisages multi-billion investments. "The two-year strategy accepted by the management of the company envisages focusing on the core business," said Dominik Czajewski, head of the strategic management division. This means the company has abandoned its plans of setting up a new investment fund (TFI) and purchasing an aviation company, such as White Eagle. "We have given up plans, which would require huge outlays, bear a risk and would not provide short-term returns," explained Czajewski. However PP will sell units in TFI, but most likely from an existing fund, which would favor PKO BP. "We have commenced negotiations with PP concerning offering and developing the bank's products," said Marek Kłuciński, PKO BP's spokesman. (Puls Biznesu, pp. 1, 6) M.M.