Treasury: Poland won't press SOEs into coal sector investments
12:44
Treasury Minister Andrzej Czerwiński said on Thursday that the Polish government won't push state owned companies into investments in the coal sector, although it could start a collection from select firms.
"I do not expect copper company [KGHM] to invest directly in coal mines" Czerwiński said on public radio. "Rumors that companies are forced into direct involvement, into buying mines, are not true."
The minister confirmed that a number of state-controlled firms have declared their readiness to transfer assets to a new fund managed by Poland's special purpose investment vehicle PIR.
"We asked the companies to consider a possibility of allotting some assets to the fund," Czerwinski said adding that majority of the firms have made such declarations.
