Privatization of Polmos Zielon Góra and Polmos Białystok

The State Treasury will earn around zł. 130 million on the sale of Zielona Góra-based vodka producer Polmos. This will most probably be the largest privatization project this year in that sector. Polmos Zielona Góra is one of the biggest companies in the industry in relation to its nominal capital value, estimated at zł. 100 million. The nominal value of capital of Polmos Białystok amounts to zł. 54 million. However, the State Treasury decided to launch an initial public offering of Polmos Białystok. Initially the Ministry planned the flotation by the end of the year. "We know nothing about a date for a potential offer. The management has not been informed about it," said the head of Polmos Białystok, Jan Małachowski. (Parkiet, p. 5) A.K.