Treasury Min: '99 privatization income zl. 15 bln; 50 companies to be sold

She said that according to the Ministry 35% of shares on the Warsaw Stock Exchange (WSE) are held by the Treasury Ministry (excluding Telekomunikacja Polska S.A. [TPSA] shares). Kornasiewicz said that by the end of 1999 the Treasury plans to end the first stage of privatization of Powszechny Zaklad Ubezpieczen SA (PZU), as well as complete the privatization of Polish Airlines LOT, Pekao S.A. and Bank Zachodni. The Treasury Ministry has prepared 50 privatization projects for 1999 despite analysts' opinions that this year is not "the best year for privatization." Kornasiewicz also announced that as of yesterday the Treasury Ministry is again negotiating with British firm National Power for the sale of Patnow-Adamow-Konin (PAK) power plant. (Prawo i Gospodarka, pages 1, 11)