Treasury in search for LOT investor
14:50
Poland is seeking an investor for state-owned airline LOT, but it is a time-consuming process that may not end before parliamentary elections, Treasury Minister Andrzej Czerwinski told the Polish Press Agency.
"The process is not simple," Czerwinski said. "I see no need to be limited by the the election date."
Conditions for potential investors include keeping LOT's logo, maintaining headquarters in Warsaw and guaranteeing that Warsaw will be its hub, the minister said.
The comments come after the decision of the Ministry of State Treasury to not conclude negotiations with investment fund Indigo Partners which wanted to invest in the airline.
