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The Warsaw Voice » Business » March 18, 2009
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Privatization Push
March 18, 2009   
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The government generated zl.2.37 billion in privatization revenue last year and plans to earn a total of zl.30.3 billion from the sale of state assets in 2008-2011, the Government Information Center (CIR) said Feb. 10.

Experts say this target means privatization will have to accelerate significantly after a marked slowdown in the last few years.

"A rapid downturn on financial markets, particularly in the second half of 2008, has deteriorated the environment for privatization," the CIR said in a statement. "The crisis has dramatically limited access to investment financing by potential strategic investors interested in privatization."

At the moment, nearly 300 companies are at various stages of privatization, the CIR said.
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