State-controlled firms may list subsidiaries - ministry expert
State-controlled companies may float their subsidiaries on the Warsaw Stock Exchange in a new stage of privatization, Anna Arcimowicz-Kołeczek, advisor to the minister of state treasury, said on Thursday.
“Privatization through the stock exchange has not come to an end yet, but it nature is changing,” Arcimowicz-Kołeczek said.
In her opinion, both subsidiaries of listed and non-listed companies could be floated. She stressed however that a decision on an IPO is up to a given capital group’s management and depends on profitability and risks.
