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The Warsaw Voice » Business » June 5, 2018
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Solaris for sale
June 5, 2018   
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State development fund PFR placed a PLN 0.9-1.0 billion preliminary bid for bus maker Solaris following its owners' now official decision to sell the company, an unspecified source involved in the transaction tells daily Dziennik Gazeta Prawna.
PFR may want to acquire ca. 25% of Solaris. Four other prospective investors placed similar bids and the shortlist may yet be extended, the source claims.
Meanwhile, Solaris inked a EUR 61.5 million framework agreement to supply up to 80 trolleybuses to Milan, Italy, the company said in a release. Solaris will supply 30 trolleybuses in mid-2019, potentially followed by 50 more vehicles later on.
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