The end of the road for El-Dystrybucja's G-8 bid?

There is very little chance that the energy distributor El-Dystrybucja, a runner in the bid to privatize the G-8 energy group, will sign the privatization agreement before July 18, which is the date their exclusive negotiation rights expire. Even if the Treasury Ministry accepts their offer, there still will not be enough time to negotiate the social package with trade unions. Such procedures usually take about two weeks as the ministry has to ensure that the unionists' demands will not worsen the standing of the companies to be privatized. If they do, a so-called standard package is prepared and inserted into the privatization agreement. Prawo i Gospodarka discovered that there is no possibility that El-Dystrybucja can substantiate their offer by the deadline, which means that the Treasury Ministry has the right, on Thursday, to start exclusive negotiations with another party, such as the German consortium E.ON Energie. (Prawo i Gospodarka, pp. 1, 5) A.D