Warsaw (Puls Biznesu) – Arkadiusz Krezel, the head of the Agency of Industrial Development ARP, who is running the sale of 47.5 percent stake in Jelfa, pharmaceutical producer from Jelenia Gora, western Poland, said that the investor will be found till the end of September. ARP is selling stakes of the Ministry of Treasury, Grupa PZU insurer and its own.
The new investor will have to provide Jelfa with new medicines. This could be done also by a financial investor. A week ago, ARP chose six potential investors for Jelfa including Grindex of Latvia, AB Sanitas of Lithuania, Polfa Kutno (owned by U.S. Ivax), Lupin Ltd of India, Enterprise Investors fund and Advent International fund.Poland/Enterprises/Pharmaceuticals/Privatisation