High value but no buyer

Alan Heath
14-12-2001, 00:00

The treasury is faced with a difficult choice in the privatisation of the Polmos factories at Zielona Góra and Białystok. The former has been valued at PLN200m but it is unlikely that the state would get more than PLN100m for it. The Bialystok plant has been valued at PLN600m but again, a price of half that sum would be more likely. The choice is clear. If the state wants to get what it thinks the plants are worth then it is going to have to stop the privatisation process until a better price can be achieved.

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Puls Inwestora / High value but no buyer