Poland’s Treasury will continue selling off assets next year, including companies such as the insurer PZU, PKO BP bank, and the Warsaw Stock Exchange. They’re expected to be placed on the market by the end of 2013. In addition, the ministry’s plan is to to offload its entire stake in the National Depository for Securities (KDPW). “The timing, as well as the income we can expect from the transactions depend on the condition of Warsaw’s stock market,” the Treasury writes in a statement.
In addition, there are new deals planned for the energy sector, according to the Treasury. ”The changes in the ownership model of these companies now planned by Poland’s Ministry of Treasury, are intended to improve the production and distribution of electricity, as well as to reduce the costs and create a new organizational structure. All the privatization projects will include the current investment plans of these companies,” writes the Treasury.
