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Privatisation revenues at PLN 3.8bn in H1


Revenues from privatisation reached PLN 3.76bn (approx. €886m) in the first six months of 2012, according to latest data from the Ministry of the Treasury. The figure represents nearly 38% 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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