Treasury hesitating over sale of 50% of PAK to Elektrim

The document aimed at consolidating the network of Patnów-Adamów-Konin (PAK) power plants, coal mines and power distributors. Jacek Socha admits that the main goal of the agreement was to provide Elektrim, an investor in a big power plant, with equal access to companies distributing energy. Meanwhile, the Treasury has been working on a strategy for the energy market. It is planning to create two strong holding companies and it is thinking about privatizing other energy companies. At the moment, 40% of PAK's shares belongs to Polish Investments owned by Zygmunt Solorz-Zak (Elektrim's main shareholder), 50% to the Treasury and the rest to Elektrim and PAK's workers. The Treasury has not decided yet whether to sell a 50% stake to Elektrim and it is unlikely that it will make this decision in the next few months. (Parkiet, p. 1) M.K.