Sugar producer PSC still seeking millions to pay off planters

Two weeks before the beginning of the production season, Polska Społka Cukrowa is still seeking zł. 750 million needed to pay the planters. The company is currently talking to several banks, yet the latter demand state guarantees. While analysts are convinced the government will not hesitate to take a decision favorable to the one of the biggest state-owned companies, it must take time. "The credit procedure will take at least a month and a half to complete. The whole thing is strongly belated," commented Deputy President of the Sejm's Agriculture Commission, Stanisław Kolemba. (Puls Biznesu, p.5) M.K.