State plans to get PLN 1 bln per year from privatization

Treasury Minister Włodzimierz Karpiński said that the state plans to receive some PLN 1 billion from privatization each year until 2016. The government wanted to raise PLN 3.7 billion through privatization this year, but Karpiński admits that it will only get some 30 percent of that plan. “We decided not to pursue with the privatization of Polski Holding Nieruchomości [real estate investor]. It wasn’t the right time for that,” Karpiński said in an interview with Dziennik Gazeta Prawna. The treasury also plans to get PLN 4.6 billion from the dividends from state-owned companies this year. Karpiński said that out of some 8,500 state-run companies which existed in 1990, only 3 percent are still controlled by the government.