PPL may go under the hammer for up to $300 million

The State Treasury has not ruled out the possibility of selling airport management company PPL which has been among those strategic companies to remain under state control. A special commission is to be established to investigate various privatization scenarios which might yield revenues of up to $300 million. Observers generally support the move - "This would increase their efficiency, produce capital necessary for investment and decrease airport fees," said Wlodzimierz Rydzykowski from Gdansk University. However Boguslaw Liberadzki, the head of a Sejm sub-commission for transport, suggests the operation should be put on hold until EU entry due to low traffic and weak financial results. He added that the optimum investment scenario would be the combination of a financial partner and an experienced sector operator. (Puls Biznesu, pp. 1, 4) M.M.