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Vin & Spirit competing with Konsorcjum Alkoholi for Polmos Zielona Gora

Last night was the deadline for submitting privatization offers for the second largest spirit producer, Polmos Zielona Gora, whose annual turnover exceeds zl. 500 million. Two companies were admitted to the bid, and both have submitted binding offers. One of them is the Swedish owner of Absolut vodka, Vin & Spirit, and the other is a group of Polish spirit distributors acting under the name of Konsorcjum Alkoholi. This is the second time the Treasury Ministry is trying to sell the distiller. Last year's tender failed to attract an investor as it was felt that the zl. 300 million price tag for the company was wildly excessive. According to unofficial reports, a controlling stake in Polmos Zielona Gora might go for only around zl. 70 million, but indications are that the Swedish company might be willing to pay more. (Puls Biznesu, p. 6) A.K.

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