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Privatisation revenues at PLN 3.14bn in January-May


2012-06-06



Revenues from privatisation reached almost PLN 3.14bn (approx. €741m) in the first five months of 2012, according to latest data from the Ministry of the Treasury. The figure represents just over 31% of the annual plan of PLN 10bn (€2.4bn).

In March the government approved a two-year privatisation programme worth PLN 15bn (€3.5bn) over 2012-2013 that envisions the sale of state holdings in 300 companies. In most cases the Treasury will make a complete exit, but it will retain a majority stake or effective control in several dozen firms deemed strategically important in sectors such as energy, financial services or defence.



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