Bloomberg News

Poland Asks PAK, Spolem Plus for Lignite Mines Binding Bids

November 16, 2011

Nov. 16 (Bloomberg) -- Poland’s Treasury selected two bidders for further talks on buying 85 percent of two lignite mines, KWB Konin SA and KWB Adamow SA, the ministry said in a statement on its website yesterday.

The bidders, Zespol Elektrowni PAK SA, the power utility controlled by Polish billionaire Zygmunt Solorz-Zak, and Spolem Plus Sp z o.o., have until Jan. 27 to place binding bids, the ministry said.

--Editors: Chris Peterson, Alan Purkiss

To contact the reporter on this story: Marek Strzelecki in Warsaw mstrzelecki1@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net


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