State Treasury companies worth PLN 100 bln

The state will not withdraw from being a shareholder in key companies, which are currently worth more than PLN 100 billion, said Włodzimierz Karpiński, Minister of the State Treasury. "The ministry has a task to multiply this value and to take care of securing the vital interests of the state in key sectors of the economy," Karpiński said on Monday. He also added that of 8,500 state-owned companies in 1989, only 3 percent are yet to be privatized.  The state has earned PLN 152.6 billion on the privatization process since the beginning of the transformation.