Poland’s Treasury reveals 2014 privatization plans - report
December 24, 2013
The Polish Treasury Ministry hopes to finalize privatization of real estate holding PHN in H1 2014 and maintains plans to exit the company fully, provided the price offered is attractive, deputy Treasury Minister Pawel Tamborski told Parkiet daily.
The Treasury would also like to complete privatization of chemical firm Ciech, he said, adding that investors show some interest in the company.
Regarding potential sale of stakes in energy companies, before making any decisions, the Treasury will wait for the adoption of Poland's new energy policy until 2050 as it will contain guidelines on ownership structure in sector firms, Tamborski said.
Tamborski didn’t say if Poland would be willing to put stakes in bank PKO BP and insurer PZU on sale in 2014.
In the coal sector, Poland will mull the sale of Weglokoks and KHW, he said adding that both firms require deep restructuring.