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Privatisation revenues at PLN 8.8bn in January-October


In the first 10 months of 2012 revenues from privatisation amounted to PLN 8.8bn (approx. €2.1bn), according to the Ministry of the Treasury. The figure represents just under 90% of the annual plan of PLN 10bn (€2.4bn).

The latest major privatisation was the 30 October initial public offering of ZE PAK, a power group. The state sold its 50% stake in the company for over PLN 680m (€165m). At the same time, the Treasury is considering postponing the sale of PHN, a state property holding company, until 2013.

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