Bloomberg News

Poland May Delay Ciech, Pulawy Sale, Leszkiewicz Tells PAP

October 14, 2011

Oct. 14 (Bloomberg) -- Poland’s Treasury Ministry will wait until market conditions improve before proceeding with the sale of state-owned stakes in two publicly traded chemical companies, Zaklady Azotowe Pulawy SA and Ciech SA, PAP newswire reported late yesterday, citing Deputy Treasury Minister Adam Leszkiewicz.

The ministry’s plan to raise 15 billion zloty ($4.81 billion) from asset sales this year is not at risk, Leszkiewicz said, according to PAP.

To contact the editor responsible for this story: David McQuaid at dmcquaid1@bloomberg.net


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