We use cookies to make sure our website better meets your expectations.
You can adjust your web browser's settings to stop accepting cookies. For further information, read our cookie policy.
IN Warsaw
Exchange Rates
Warsaw Stock Exchange - Indices
The Warsaw Voice » Business » March 18, 2009
You have to be logged in to use the ReadSpeaker utility and listen to a text. It's free-of-charge. Just log in to the site or register if you are not registered user yet.
Privatization Push
March 18, 2009   
Article's tools:

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.
© The Warsaw Voice 2010-2018
E-mail Marketing Powered by SARE