The Polish builder Polimex-Mostostal has begun a drive to offload non-core assets by announcing that two of its subsidiaries are going up for sale. “The assets we put on sale are not closely related with our core business, and we hope for some significant revenues from the sale, as we consider the companies to be attractive,” says Robert Kosmal, who is responsible for the sell off. Polimex-Mostostal hopes to close a transaction in the coming weeks. “The main criteria, while selecting from the offers will, of course, be the price, considering the difficult situation of the company,” says Kosmal. Polimex hopes for a total of PLN 300m from the deal.
