PLN7bn for bourse

Alan Heath
opublikowano: 2002-06-20 00:00

The treasury has announced plans to privatise several companies through the stock market which would add an extra PLN7bn of free flow to the market. The markets should be pleased given the lack of choice currently available on the diminishing Warsaw exchange but sceptics are questioning if the punters will be prepared to put up PLN7bn for shares in these companies. It is said that shares in educational publishers WsiP and TPSA could find their way onto the market this year. Later they could be joined by stock in chemical concern Ciech, press distributor Ruch, insurer PZU, electricity distribution concerns PSE and PKE, vodka manufacturer Polmos Białystok and banks PKO BP and BGŻ.