Poland’s Treasury raising money on WSE through IPOs

8 October 2012

Poland’s Treasury is preparing to implement significant cuts for some of its core businesses, the business server parkiet pl. reports, as it plans to sell them on the Warsaw’s stock exchange this year. The Ministry adds that it’s counting on these public offerings for up to PLN 10bn in income. “81 percent of the plan has already been implemented. The more income, the better,” says Mikołaj Budzanowski from the MInistry of Treasury. “But the most important thing for us now is acquiring strategic investors for the biggest companies,” he adds. There are nearly 20 state-run businesses now set to go on sale on Warsaw’s stock exchange.

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