(Wersja po KRM 26.03.2012) Opis Planu prywatyzacji EN

Transcription

Privatisation Plan for
the years 2012-2013
Minister of Treasury
………………….……………………
March 2012
Contents
Introduction ........................................................................................................................................... 3
1. Mission of the Ministry of Treasury and the strategic objectives of privatisation ........................ 5
2. Structure of privatisation offer ....................................................................................................... 8
Appendix No. 1 "Companies covered by the Privatisation Plan for the years 2012-2013"................ 8
Appendix No. 2 "Companies covered by the Privatisation Plan for the years 2012-2013" proposed
by other ministries" ............................................................................................................................ 9
Appendix No. 3 "Entities of key importance remaining under the supervision of the Minister of
Treasury" ............................................................................................................................................ 9
Annex No. 4 "Active state-owned enterprises intended for commercialisation, privatisation or
liquidation" ....................................................................................................................................... 10
3. Privatisation strategies ................................................................................................................. 10
Privatisation through stock exchange .............................................................................................. 11
Industry privatisation (outside the stock exchange ) ....................................................................... 12
4. Streamlining ownership structure - building the company value ................................................ 13
5. Planned privatisation activities across selected sectors .............................................................. 14
Energy sector .................................................................................................................................... 14
Financial institutions sector.............................................................................................................. 14
Defence sector .................................................................................................................................. 15
Metal and engineering sector .......................................................................................................... 15
Transport sector ............................................................................................................................... 16
Chemical sector ................................................................................................................................ 16
Oil sector........................................................................................................................................... 16
Mining Sector ................................................................................................................................... 16
Health resorts sector ........................................................................................................................ 17
Tourism sector .................................................................................................................................. 17
Food and agriculture sector ............................................................................................................. 17
2
Introduction
This document, defining the direction of privatisation in Poland over the next two
years, has been prepared as the "Privatisation Plan for the years 2008-2011" is no
longer valid.
The "Privatisation Plan for the years 2012-2013" (further referred to as the
Privatisation Plan) presents the main objectives of privatisation policy, as well as the
list of entities with Treasury shareholding selected to be included in the ownership
transformation processes. The Minister of Treasury is the minister responsible for
privatisation. The Privatisation Plan includes companies not only under the
supervision of the Minister of Treasury, but also those where supervision1 is
exercised by other Ministers.
Privatisation activities in the years 2012-2013 will comprise 300 companies,
including:
• 279 entities supervised by the Minister of Treasury,
• 15 entities supervised by the Minister of National Defence,
• 4 entities supervised by the Minister of Economy,
• 2 entities supervised by the Minister of Transport, Construction
and Maritime Economy.
300 companies
in the
Privatisation Plan
The number of companies intended for privatisation supervised by the respective
Ministers
companies supervised
Ministry of Treasury
by
the
Ministry of Defence
by
the
Ministry of Economy
by
the
companies supervised by the
Ministry of Transport, Construction
and Maritime Economy
The Minister of Treasury plans to completely exit the shareholding in 85% of
supervised companies included in the Plan. In other companies those of key importance for the Treasury - majority shareholdings or stakes ensuring
corporate governance will be retained (this applies to companies from sectors such
as energy, finance and defence).
Entities with majority shareholding of the Treasury constitute 54% of all companies
1
Exit of the
Ministry of
Treasury
from 85% of
companies
supervised by
the Ministry of
Treasury
This implies the exercise of rights of shares in companies with Treasury shareholding.
3
intended for privatisation, and 46% - with minority shareholding.
Companies included in the Privatisation Plan
supervised by the Minister of Treasury
Companies under supervision of the
Ministry of Treasury, where all shares
are to be sold
Companies of key importance
remaining under the supervision of
the Ministry of Treasury
Entities included in the Privatisation Plan operate in different sectors of the
economy. Most companies operate in industries such as:
• transport - 44 entities under the supervision of the Ministry of Treasury and 1
under the supervision of the Ministry of Transport, Construction and
Maritime Economy,
• trading enterprises and service providers - 38 entities,
• metal and engineering industry - 36 entities.
Entities intended for privatisation are located in all provinces. Territorial location of
the entities, with regard to registered office of the company, is as follows:
The following documents form the basis for the ownership transformations process
in Poland:
I. with regard to general legislative acts:
1. the Act of 30 August 1996 on Commercialisation and Privatisation
2. the Act of 15 September 2000, the Commercial Companies Code
Privatisation of
companies under
the supervision
of the Ministry of
Treasury and
other ministries
in many sectors
of the economy
and in all
provinces
Legal basis
4
3. the Act of 8 August 1996 on Principles of Implementation of Treasury
Powers,
4. the Act of 29 July 2005 on Trading in Financial Instruments,
5. the Act of 29 July 2005 on Public Offerings,
6. Regulation of the Council of Ministers of 30 May 2011 on detailed procedure
for selling State Treasury shares,
7. Regulation of the Council of Ministers of 30 May 2011 on the company
analysis carried out before the shares held by the Treasury are offered for
sale,
8. Regulation of the Council of Ministers of 17 February 2009 on analysis of
state-owned enterprise conducted before ordinance on direct privatisation is
issued,
II. with regard to program documents:
1. "Privatisation lines for Treasury assets in 2012",
2. Programs and strategies for individual industries.
1. Mission of the Ministry of Treasury and the strategic
objectives of privatisation
Mission of the Ministry of Treasury:
1. further transformation of the Polish economy by strengthening of the Polish
capital market and enhancing competitiveness of the Polish economy,
2. enhancing energy and fuel security of the country,
3. effective and active supervision of Treasury assets, which exercises due care
in maximising return on capital and creating value for all shareholders.
Ownership transformation is one of the foundations of social and economic changes
that have a significant impact on the development of entrepreneurship. Privatisation
also contributes to robust macroeconomic standing of the Polish economy and
impacts
both
economic
education
of
market
participants,
and social development.
At the current stage of economic development, privatisation processes are
determined by both internal needs of the market and the global economic situation.
Polish development challenges (including the need to increase competitiveness and
business efficiency, innovation and the search for competitive advantage, as well as
new models and tools for satisfying social needs) require continuation of
privatisation and definition of its new context.
Strategic objectives for the coming years focus on:
1. modernization of the economy and formation of better conditions for
Poland's economic growth,
2. support of public policies,
3. development of the capital markets.
Mission of the
Ministry of
Treasury
Strategic
objectives
5
Modernization of
the economy
Support of public
policies
Development of
the capital
markets through
the WSE
Modernization of economic entities, increase of their innovation potential and
competitiveness is the key task in the economic sphere and one of the main goals of
privatisation.
The Polish economy operates within a global environment, companies must
therefore act in a modern and competitive manner. This requires formation of
appropriate internal and external conditions which determine restructuring,
organizational, financial and managerial actions. Ownership transformation of
companies with Treasury shareholding strengthens the Polish economy, increasing
its competitiveness and efficiency by changing the ownership structure of the
privatised entities, active supervision and management, new business development
strategies and access to financing.
Apart from ensuring the right environments for better efficiency of enterprises,
privatisation supports public policies. In those uncertain times of crisis that the
European Union has faced, implementation of privatisation policies is one of the
tools to reduce risk in the management of public finances.
In addition, a significant portion of obtained revenues will support strategic state
development goals building the potential of special purpose funds, such as:
• the Demographic Reserve Fund,
• the Fund for Entrepreneurs' Restructuring,
• the Restitution Fund,
• the Treasury Fund,
• the Fund for Polish Science and Technology.
Privatisation revenues are also allocated to separate accounts of the Minister of
Labour and Social Policy (unemployment prevention), the Minister of National
Modernization of
economy
Revenues from
privatisation
allocated to
special funds
6
Defence and the Minister of Economy (defence industry restructuring and technical
modernization of the Polish Armed Forces), as well as the Minister of Finance (surety
and guarantee reserves of the Treasury).
Implementation of the strategic objective of privatisation within the scope of
promoting public policies serves, above all, to reinforce the anti-crisis measures by
both improving the country's financial stability and building long-term development
goals. This has a direct impact on the safety of the Polish economy.
Privatisation activities develop capital markets and strengthen the role of Warsaw
as a regional financial centre of Central and Eastern Europe. Privatisation through
the stock exchange facilitates access to global capital to companies interested in
obtaining funds, as well as increases stock exchange capitalization
and regulated market turnover. It also affects the efficiency and transparency of
companies. Transactions implemented by the Minister of Treasury confirm the
growing interest of foreign investors in successive offerings and attest to stable
position of Poland on the map of safe and long-term capital investment trends.
The supporting the role of Warsaw as a regional financial centre improves access of
Polish companies to capital allowing them to develop at the regional
and supra-regional scale. Listing of shares of Central and Eastern Europe companies
on the Warsaw Stock Exchange (WSE) also strengthens the position of Poland as an
important and stable capital market in the region. The WSE also serves as the growth
driver for domestic entrepreneurship. A wide range of products favours
diversification of investment risk, increases the flow of global capital and attracts
new investors.
Thus, implementation of this privatisation objective leads to an increased stability of
the Polish economy by raising the attractiveness of the regional capital centre that
the Polish stock exchange has become, and by providing the privatised entities with
conditions for international development, expansion and opportunities to profit in
other markets. Promoting active participation of Poles in stock market transactions,
namely the development of Civic Shareholding and educational projects, also plays a
key role.
Other forms of privatisation promotion will also be supported, including the socalled Employee Shareholding, specified in the government program "Supporting
privatisation with bank sureties and guarantees offered to companies with
participation of employees and local government (civic activity companies)."
Consistency in the quest to meet the privatisation objectives translates into:
• increasing the share of private ownership and reducing the role of the state
in the economic sphere,
• effective management of the Treasury assets,
• raising corporate governance standards,
• effective management of economic entities aimed at increasing investments,
Development of
capital market
around WSE
Attractiveness of
the WSE
7
access to new technologies, know-how, thereby increasing their innovation.
2. Structure of privatisation offer
When selecting entities intended for privatisation, rationalisation of the existing
Treasury assets was the guiding principle, i.e. striving to protect, as much as
possible, economic interests of the state and effectively impact economic entities by
conducting ownership changes. These actions aim to consistently reduce the state's
role in the economic areas in which there is no need to exercise corporate
governance by public authorities.
Rapidly changing macroeconomic environment requires consideration of
circumstances and factors affecting the value of privatised entities, both in the short
and long-term. Correlations between economic trends and financial standing of
companies will be analysed in real time, allowing for selection of the optimal
privatisation path for a given entity. The moment of transaction, which depends
both on the global market situation and the immediate market environment of the
privatised entity, will constitute an important factor influencing the sale.
Rationalisation of
existing assets
Appendix No. 1 "Companies covered by the Privatisation Plan for the
years 2012-2013"
The list of 279 companies being under the supervision of the Minister of Treasury, of
which all or some Treasury shares are planned to be privatised, communalised or
contributed as increase of share capital of another entity by the end of 2013, are
listed in Appendix 1 "Companies covered by the Privatisation Plan for the years
2012-2013".
The Privatisation Plan does not account for companies which have already
concluded privatisation agreements requiring the consent of the relevant
administrative bodies that has not yet been granted. In the case of a decision
preventing execution of the agreement, privatisation process will be carried out
again giving the opportunity of participation to a new group of investors.
Outside the scope of the Privatisation Plan there are also companies with minority
shareholding, in which, at the present moment, the Treasury holds shares intended
only for free-of-charge transfer to the employees of privatised entities. If, following
conclusion of the process of free acquisition of shares by eligible employees,
unclaimed shares remain the property of the Treasury, it will be reasonable to
dispose of them. Some of the privatisation agreements include investors'
commitments to buy the Treasury shares not taken up by employees within the
prescribed period, making it easier to implement full ownership changes.
The Privatisation Plan contains a list of entities which, at a given moment, meet the
criteria for effective privatisation. If conditions in the economic environment change,
there may arise premises justifying, for example, a temporary suspension of a
Appendix No. 1
Companies to be
privatised
Employee shares
Possibility of
temporary
suspension of
the project
8
project. Simultaneously, changes in the economic situation of companies currently
facing constraints preventing their effective privatisation (in result of which they
were not included in the list of entities intended for sale) will be analysed in detail.
Should the reasons limiting the possibility for privatisation subside, these companies
will also become subject to ownership transformations.
Unfavourable economic conditions could cause further activity of some companies
intended for privatisation to be no longer justified and profitable, and consequently
there may arise reasons that justify placing the entity in liquidation or bankruptcy.
The precarious economic situation of the entity, which continues for an extended
period of time, and deepening crisis factors affecting the company, which reduce its
competitiveness, as well as adverse changes in market demand, may have a
significant impact on the assessment of its financial condition. In the event that
liquidation is viewed as more economically convenient than continuation of the
company activity, sale of its assets will be recommended. However, decisions
concerning the future of companies threatened with liquidation or bankruptcy will
be taken following comprehensive assessment of economic prospects.
Appendix No. 2 "Companies covered by the Privatisation Plan for the
years 2012-2013 proposed by other ministries"
The processes of ownership transformation included in the Privatisation Plan will
also be conducted with respect to companies remaining under the supervision of
other Ministers. In Appendix No. 2 to the Plan, 21 companies are listed which were
submitted for privatisation by the Ministers of: National Defence, Economy, as well
as Transport, Construction and Maritime Economy. With reference to these
companies, both privatisation through the stock exchange and industry privatisation
is anticipated. Privatisation processes of these entities will be conducted by the
Ministry of Treasury. However, in order to implement them, it will be necessary to
obtain corporate consent issued by the competent Minister acting as the company's
General Shareholders' Meeting. Moreover, it will be crucial to cooperate while
preparing companies for the transformation process, as well as actively supervise
them in the course of its implementation.
Privatisation of entities operating in economic areas within the competence of other
Ministers than those mentioned above is also considered, following their detailed
analysis.
Appendix No. 2
Companies
remaining under
the supervision
of other
Ministers
Appendix No. 3 "Entities of key importance remaining under the
supervision of the Minister of Treasury"
Appendix No. 3
Some of the companies supervised by the Minister of Treasury are subject to
government policies and regulations that currently prevent or greatly reduce the
possibility of the Treasury shares disposal. This refers to companies with Treasury
Entities of key
importance for
the State
Treasury
9
shareholding of particular importance for the state economy, public radio and
television units, and cultural monuments. Appendix No. 3 to the Privatisation Plan
"Entities of key importance remaining under the supervision of the Minister of
Treasury" contains the list of 47 such entities.
In relation to these entities any action will respect provisions of strategic documents.
In turn, the selected entities will be subject to ownership transformation processes
in the event of changes in applicable existing laws or decisions concerning the form
of their operation or ownership structure. Following consultations and adjustment
of the relevant provisions, communalisation of regional radio stations, for example,
might be considered. The notion of companies of key importance for the Treasury is
presented in section "Streamlining ownership structure - building the company
value".
Annex No. 4 "Active state-owned enterprises
commercialisation, privatisation or liquidation"
intended
for
A state-owned enterprise is a legal form typical for socialist economies. After two
decades of market economy in Poland, the number of state-owned enterprises
should be kept to a necessary minimum, and ultimately they should be transformed
into joint stock companies. Appendix No. 4 to the Privatisation Plan contains the list
of state-owned enterprises remaining under the supervision of the Treasury. It
covers 23 enterprises of which ownership transformations - commercialisation,
privatisation or liquidation - will be implemented in accordance with the mission of
continuing transformation of the Polish economy. The list does not contain stateowned enterprises, which due to their specificity are comprised in the list of entities
of key importance under the supervision of the Ministry of Treasury. On the other
hand, in the case of state-owned enterprises in liquidation, the Ministry of Treasury
will support all attempts of ownership transformation of these entities.
Flexibility in selecting the most appropriate manner and timing of privatisation of
entities with Treasury shareholding will enable effective implementation of
privatisation objectives.
Appendix No. 4
State-owned
enterprises
Flexible
approach
3. Privatisation strategies
Implementation of the Privatisation Plan will be conducted by the Minister of
Treasury. Members of the Council of Ministers and province governors are obliged
to cooperate with the Minister of Treasury in implementing the "Privatisation Plan
for the years 2012-2013."
Privatisation processes will be based on two main strategies:
• stock exchange transactions strengthening domestic capital markets,
• industry transactions strengthening competitiveness of the Polish economy.
10
Privatisation
through the
stock
exchange
Industry
privatisation
The selection of methods and procedures concerning companies' privatisation will
be made in consideration of optimal opportunities for their further development,
economic environment conditions and factors such as:
• company's financial situation,
• industry in which it operates.
Those conditions also determine for which companies it would be optimal to
contribute their shares to increase the share capital of another entity, and for which
it would be most reasonable to transfer them free of charge to the local
government.
Privatisation through the stock exchange
Privatisation through the stock exchange
According to the Act of 30 August 1996 on Commercialisation and Privatisation
(the "Act"), privatisation through the stock exchange may take the form of:
• sale of shares in organised trading,
• sales based on public offer of shares covered by prospectus or
information memorandum,
• acceptance of an offer in response to a tender announced under the Act
of 29 July 2005 on Public Offerings.
The key objective of privatisation through the stock exchange is to seek capital
market development in Poland, to strengthen the role of Warsaw as a regional
financial centre, to maximize revenues from privatisation through the capital
markets, and to attract financial resources for the companies themselves.
In the case of companies in good financial standing, which meet certain market
criteria, particularly having the potential to create value for investors and the
Warsaw capital market, it is possible to admit shares to trading on a regulated
11
market. Implementation of transactions through the stock exchange will be
preceded each time with analysis of capital markets situation, and therefore their
implementation date will be determined at the optimum time for the company and
the Treasury.
The intention of the Minister of Treasury, with respect to privatisation projects, is to
systematically increase the number of companies listed on the Warsaw Stock
Exchange, an in the case of companies already listed on the WSE to ensure their
continued presence on the floor and optimal level of liquidity of shares following
completion of privatisation process and regardless of the procedure that was
implemented.
Following admission of Treasury shares to trading on a regulated market, the idea of
Civic Shareholding, launched in 2010, will be further popularized. As part of this
program, individual investors may invest in Treasury shares. An important social
objective is to increase informed public participation in ownership changes, business
life and capital markets, as well as economic and capital education.
Privatisation date
set at the
optimum time
Promoting
Citizen
Shareholding
Industry privatisation (outside the stock exchange)
Industry privatisation paths (outside the stock exchange)
Pursuant to the Act, industry privatisation may include:
• negotiations on the basis of a public invitation,
• public tender,
• publicly announced auction,
• publicly announced offer,
• sale of shares outside organised trading, with the use of a system
matching purchase and sale offers.
The aim of industry privatisation is to identify investors who will ensure more
efficient operation and functioning of companies in a specific macroeconomic
environment, which directly translates into maximizing their value. Such guarantees
may be provided by an investor who has the knowledge and experience in
conducting activity in a particular industry, has access to financing sources for new
investments, as well as robust distribution channels and enjoys good cooperation
with customers. This is particularly important in the case of privatisation of small and
medium-sized enterprises, which, without financing from private owners, have little
chance to improve their financial condition and increase revenues from sales of
products or services.
Privatisation experience suggests that the most effective privatisation paths outside
the stock exchange include: negotiations undertaken on the basis of public
invitation, auction announced publicly and public tender.
The Ministry of Treasury ensures that criteria in the processes being units are not
12
perceived as state aid. The only criterion used in selecting investors for privatised
entities is the highest price offered. At the same time, in the privatisation process,
other expectations of the owner toward potential investors may be taken into
account as well, if the parties to the transaction recognize them as economically
justified. In such case, these requirements are the same for all entities interested in
participation in the process. Other requirements may include in particular
investment and capital commitments, or negotiating social package or employment
guarantee - depending on the adopted path of privatisation.
4. Streamlining ownership structure - building the company
value
An important task of privatisation policy is to streamline ownership structure of
companies of strategic importance for the economy and its development. This has
implications for optimization of management, modification of strategies and
business models, and ultimately leads to increased efficiency and market position of
the company. With industry privatisation, consolidation of companies, contribution
of Treasury shares to increase share capital of other entities in sectors of key
importance for the Polish economy, groups of companies with a strong and
competitive market position are likely to arise. Their important feature may be the
increase of potential for action and generation of revenues on domestic and foreign
markets (strengthening export and international potential of companies) and capital
activity on domestic market (acquisitions and consolidations in their sectors leading
to their increased relevance and maximization of revenues).
It should be emphasized that the reduction of the Treasury participation in the
economy does not exclude its presence in companies of strategic importance for
the country.
The focus on key companies is to lead to more efficient corporate governance. For
this reason, the Treasury, as the owner expecting increase in the value of its key
assets, will support strategies of companies striving to strengthen their position on
domestic and international markets, in particular through participation in takeovers,
mergers and acquisitions of Treasury shares in smaller entities, which thus become
part of a strong corporate group. Each time the decision regarding such actions will
be undertaken on the basis of business criteria. This allows companies to increase
investments, strengthen their position on the market, whereas the Treasury is likely
to become the owner of an effectively functioning entity increasing its value.
Concentration of privatisation policy with respect to building company value in
the years 2012-2013 assumes the following tasks:
• streamlining of the portfolio of companies,
• disposal of non-strategic assets,
Building of
company value
13
•
strengthening of companies strategic for the Polish economy,
which will enable to achieve the adopted objectives, thus contributing to
modernization and development assumptions pursued by the Council of Ministers.
The dynamics of the economic situation, noticeable effects of the global economic
crisis, as well as strong competitive pressure require modernization of the existing
selection mechanisms for the composition of corporate bodies. Therefore, in
consideration of the guidelines provided by the Organization for Economic
Cooperation and Development (OECD) on corporate governance in public
enterprises with reference to the appointment of members of public enterprises'
bodies, the Minister of Treasury issued an ordinance on the selection procedure for
candidates for members of corporate bodies in certain companies of key importance
for the Treasury. Moreover, the Minister of Treasury described "Good practices in
the selection of candidates for members of corporate bodies in companies of key
importance for the Treasury" which set the practical standard that the Minister of
Treasury himself will consequently strive to apply when making decisions on
appointment of managers at the companies.
New Regulation
for key
companies
5. Planned privatisation activities across selected sectors
Ownership transformations will be applied to companies in all industries and sectors
of the economy. An outline of planned privatisation activities across
selected sectors is presented below.
Energy sector
12 companies
Ownership and organisational transformation in the energy sector is aimed at
increasing operational effectiveness, cost reduction, development of transparent
organisational structure and separating auxiliary services in the form of distinct
economic entities. The planned privatisation processes will take into account the
companies' needs related to the investment projects of individual entities. They will
be implemented in accordance with government documents: the "Electrical Power
Sector Program" and "Energy Policy of Poland until 2030".
The Plan provides for both privatisation of companies fully owned by the Treasury
and ownership transfer of stakes in other companies in this sector with partial and
minority Treasury shareholding. Ownership transformation will comprise companies
such as: Energa SA, ENEA SA, PGE Polska Grupa Energetyczna SA, Zespół Elektrowni
Pątnów Adamów Konin SA, and Zespół Elektrowni Wodnych Niedzica SA.
Privatisation through the WSE will be preferred with respect to the planned projects.
Financial institutions sector
In the years 2012-2013, privatisation of 5 companies in this sector is to be continued.
The Treasury plans to sell all of its shares in Bank Gospodarki Żywnościowej SA and
5 companies
14
the National Depository for Securities (following provisions of the Act on Trading in
Financial Instruments).
With respect to PZU SA and PKO BP SA, the Minister of Treasury will undertake
activities aimed at disposal of successive stakes in these companies to a level
sufficient to exercise corporate governance. However, it should be noted that the
date of disposal of the Treasury shares will depend, among others, on the market
situation on the WSE. Analysis of disposal options optimizing these transactions will
be carried out for both companies. Ownership transformation may also comprise
sector companies being under the supervision of other Ministers.
Due to the privatisation process and the need to ensure implementation of a
coherent strategy for the development of universal banks with the Treasury
shareholding, ownership supervision over them must be consolidated in the hands
of the Minister of Treasury.
Defence sector
The year 2012 will be the last year in which the "Strategy to consolidate
and promote the development of the Polish defence industry in the years 20072012" remains valid. During this time, the capital consolidation process in the Bumar
Group companies is to be completed. After closing the sale transaction of an
organized part of Huta Stalowa Wola SA manufacturing construction machinery
(civilian part), the shares will be re-evaluated, followed by their contribution to the
Bumar Group.
Ownership transformation in the companies from this sector, supervised by the
Minister of Treasury or the Minister of National Defence, is planned. Industry
privatisation will be preferred in the case of Wojskowe Przedsiębiorstwa
Remontowo-Produkcyjne – its commencement is planned in 2012. In the years 20122013, privatisation processes will include the following companies under the
supervision of the Ministry of National Defence: Wojskowe Zakłady Kartograficzne
Sp. z o.o., Wojskowe Biuro Projektów Budowlanych Sp. z o.o., Zespół Zarządców
Nieruchomości WAM Sp. z o.o. Sale process of minority Treasury stakes held in
defence companies: EADS PZL „Warszawa – Okęcie” S.A., Zakład Narzędziowy w
Świdniku Sp. z o.o. and other companies, in which the Treasury shareholding does
not exceed 20%, will be also implemented.
Moreover, in 2013, following conversion into a joint stock company, an initial public
offering (IPO) of the company Bumar Sp. z o.o. is anticipated on the WSE.
Metal and engineering sector
8 companies of
the Ministry of
Treasury
+
Bumar
+
15 companies of
the Ministry of
National Defence
36 companies
In the years 2012-2013, privatisation of 36 entities in these sectors is planned, out of
which 26 companies are wholly owned by the Treasury, 2 companies have majority
Treasury shareholding and 8 companies have minority shareholding of the Treasury.
Production of machines and tools for various industries forms the core activity of the
15
companies in this sector.
Completion of privatisation processes of entities in this sector will depend, among
others, on the economic situation on domestic and foreign markets, effects of the
restructuring processes taking place in some companies, their economic and
financial standing, as well as investor interest.
Transport sector
Road transport enterprises prevail among companies of this sector. Ownership
transformation of these entities will take into account the regional nature of their
activities. For this reason, among others, free of charge transfer of shares of these
companies to local governments is planned. This will provide them with tools to
achieve their objectives while taking over the responsibility for companies of key
importance for the region.
44 companies
Chemical sector
For most companies in this sector privatisation processes were initiated in previous
years. The Privatisation Plan assumes continuation of privatisation in companies
from this sector, as well as its commencement in other entities. Disposal of
successive stakes in companies listed on the WSE, such as: Ciech S.A., Zakłady
Azotowe Puławy S.A., Zakłady Chemiczne Police S.A. and Zakłady Azotowe
w Tarnowie Mościcach S.A. will depend on the situation on the capital markets.
9 companies
Oil sector
2 companies
Ownership transformation of companies in this sector will be implemented in
accordance with government programs, " Poland's Energy Policy until 2030" and
"Policy of the Government of the Republic of Poland with respect to the Oil Industry
in Poland", which define the objectives of economic policy in relation to individual
companies, as well as the concepts regarding activities with respect to these
companies, taking into account securing the state’s interests in strategic companies.
Privatisation processes of companies Ośrodek Badawczo-Rozwojowy Przemysłu
Rafineryjnego S.A. and Rafineria Nafty "GLIMAR" S.A. are planned.
Mining Sector
Planned privatisation of entities in this sector applies both to companies listed on
the Warsaw Stock Exchange, as well as those for which public offering is considered.
Privatisation through the Warsaw Stock Exchange will comprise companies under
the supervision of the Minister of Economy, i.e. Węglokoks S.A., Jastrzębska Spółka
Węglowa S.A., Katowicki Holding Węglowy S.A. and Kompania Węglowa S.A.
Adjustment of "Coal Mining Activities in Poland in the years 2007-2015" will enable
effective privatisation of these entities.
6 companies of the
+
4 companies of the
Ministry of Economy
16
Health resorts sector
13 companies
Privatisation of health resort companies is planned to be continued. Thus, health
resorts operating in a highly competitive environment, will have the possibility to
gain an investor that will provide them with proper funding.
Following the Regulation of the Minister of Treasury of 8 October 2008 on the list of
health resorts run as sole-shareholder companies of the Treasury not covered by
privatisation (Journal of Laws of 2008 No. 192, item 1186), the number of health
resorts excluded from privatisation was limited to seven. In relation to these
companies, transformation processes can be carried out subject to change of
existing regulations.
Tourism sector
6 companies
Companies running hotel or restaurant services will be subjected to privatisation
processes, or - in the case of specific, adverse conditions - to liquidation. Among the
six companies in this sector intended for privatisation, two are companies wholly
owned by the Treasury.
Food and agriculture sector
35 companies
The sale of shares in Krajowa Spółka Cukrowa SA for the benefit of employees and
beet growers will be continued. KSC SA privatisation process was launched in 2011.
In September 2011, the company's prospectus was made available. In accordance
with the approved offering schedule, conclusion of the share sale agreement is
planned by September 20th, 2012.
Pursuant to the "The Concept for Privatisation of Companies from the Agri-Food
Sector" further privatisation will involve 4 insemination companies and 8 wholesale
agricultural markets. The intention of the authors of "The Concept for Privatisation
of Companies from the Agri-Food Sector" was to entrust agricultural producers and
their associations with responsibility for the future of those companies. Allowing the
entitled persons to participate in privatisation consolidates the positive trends and
ensures proper development of the Polish agriculture.
Appendices - lists of companies, as of 1 January 2012:
1. Companies covered by the Privatisation Plan for the years 2012-2013;
2. Companies covered by the Privatisation Plan for the years 2012-2013 proposed by other
ministries;
3. Entities of key importance remaining under the supervision of the Minister of Treasury;
4. Active state-owned enterprises intended for commercialisation, privatisation or liquidation.
17
Appendix No. 1 to the Privatization Plan for the years 2012-2013
Companies covered by the Privatization Plan for the years 2012-2013
No.
Registered
office
Company name
% share of
the
Industry
Construction and building materials industry
1
2
3
"Centrum Handlowe Wschód" S.A.
"ENERGOAPARATURA" S.A.
"POL-DRÓG Chojnice" Sp. z o.o.
Warsaw
Katowice
Chojnice
4
"SMARTBUD" Sp. z o.o.
Białystok
5
6
7
8
9
10
11
12
Drogowa Trasa Średnicowa S.A.
Katowice
ELEKTRIM - MEGADEX S.A.
Warsaw
ELEKTROMONTAŻ - POZNAŃ S.A.
Poznań
Elektromontaż Gdańsk S.A.
Gdańsk
Kombinat Budowlany Kołobrzeg Sp. z o.o.
Bezpraw
Kujawsko-Pomorska Sieć Informacyjna Sp. z o.o.
Toruń
POLDIM Dębica S.A.
Dębica
Przedsiębiorstwo Budowlane Katowice S.A.
Katowice
Przedsiębiorstwo Budownictwa
Sopot
Elektroenergetycznego ELBUD Gdańsk S.A.
Przedsiębiorstwo Budowy Tras Komunikacyjnych
Szczecin
"TRAKT" w Szczecinie Sp. z o.o.
Przedsiębiorstwo Produkcji Betonów i Montaży
Obrzycko
"BETOMONT" Sp. z o.o.
PRZEDSIĘBIORSTWO ROBÓT DROGOWYCH
Wola Rębkowska
"DROMOS" Sp. z o.o.
Przedsiębiorstwo Robót Inżynieryjnych "PRInż-1" Sp.
Katowice
z o.o.
Rzeszowskie Przedsiębiorstwo Instalacji Sanitarnych
Rzeszów
S.A.
Siemiatyckie Przedsiębiorstwo Drogowo-Mostowe Sp.
Siemiatycze
z o.o.
Termoizolacja Centrum Sp. z o.o.
Zabrze
Wojskowe Biuro Studiów Projektów Budowlanych i
Warsaw
Lotniskowych Sp. z o.o.
Zakłady Ceramiczne "BOLESŁAWIEC" w Bolesławcu
Bolesławiec
Sp. z o.o.
75,70
1,10
49,00
8,18
100,00
0,20
49,45
0,09
Construction
Construction
Construction
Construction
Construction
Construction
Construction
Construction
100,00
Construction
100,00
Construction
5,89
Construction
48,33
Construction
0,14
Construction
25,00
Construction
100,00
Construction
21,19
Construction
100,00
Construction
Zakłady Wyrobów Kamionkowych "MARYWIL" S.A.
100,00 Building materials industry
13
14
15
16
17
18
19
20
21
22
23
Suchedniów
46,15
below 5%
25,50
Construction
Construction
Construction
Energy production
24
25
26
27
28
29
30
31
"Elektrociepłownia Andrychów" Sp. z o.o.
Bałtycka Agencja Poszanowania Energii S.A.
Dalkia Chrzanów Sp. z o.o.
Elektrociepłownia Będzin S.A.
Elektrownia Chorzów S.A.
ENEA S.A.
ENERGA S.A.
Huta "Kościuszko" S.A.
Andrychów
Gdańsk
Chrzanów
Będzin
Chorzów
Poznań
Gdańsk
Chorzów
1,92
4,80
49,00
5,00
100,00
51,69
84,18
100,00
Energy production
Energy production
Energy production
Energy production
Energy production
Energy production
Energy production
Energy production
32
PGE Górnictwo i Energetyka Konwencjonalna S.A.
Bełchatów
0,000156
Energy production
33
34
35
PGE Polska Grupa Energetyczna S.A.
Zespół Elektrowni "Pątnów-Adamów-Konin" S.A.
Zespół Elektrowni Wodnych Niedzica S.A.
Warsaw
Konin
Niedzica
68,96
50,00
100,00
Energy production
Energy production
Energy production
Mining
36
Centralny Ośrodek Informatyki Górnictwa S.A.
Katowice
100,00 Mining environment units
37
Centrum Biurowe Plac Grunwaldzki S.A.
Katowice
38
Kopalnia Węgla Brunatnego "Adamów" S.A.
39
Kopalnia Węgla Brunatnego "Konin" w Kleczewie S.A.
40
Lubelski Węgiel "Bogdanka" S.A.
Turek
100,00
Lignite mines
Kleczew
100,00
Lignite mines
Bogdanka
Strona 1 z 8
below 5%
Coal mines
No.
Company name
Registered
office
41
Zakłady Mechaniczne Urządzeń Górniczych "DEZAM"
Sp. z o.o.
Dzierżoniów
% share of
the
Industry
Lotteries and betting transactions
42
"BINGO CENTRUM" Sp. z o.o.
Katowice
15,13
Lotteries and betting
transactions
Metallurgy
43
"Huta Pokój" S.A.
Ruda Śląska
44
45
Walcownia Metali Nieżelaznych "Łabędy" S.A.
Zakłady Górniczo-Hutnicze "Bolesław" S.A.
Gliwice
Bukowno
25,50 Iron and steel metallurgy
1,60
100,00
Non-ferrous metallurgy
Non-ferrous metallurgy
Banking
Securities
Securities
Financial institutions
46
47
48
Bank Gospodarki Żywnościowej S.A.
Giełda Papierów Wartościowych w Warszawie S.A.
Krajowy Depozyt Papierów Wartościowych S.A.
Warsaw
Warsaw
Warsaw
25,51
35,00
33,33
49
Powszechna Kasa Oszczędności Bank Polski S.A.
Warsaw
40,99
Banking
50
Powszechny Zakład Ubezpieczeń SA
Warsaw
35,19
Insurance companies
51
Polska Agencja Prasowa S.A.*
Warsaw
100,00
Media
52
53
"BIPROWŁÓK" Sp. z o.o.
"DRAGMOR" Sp. z o.o.
"Regionalna Agencja Promocji Zatrudnienia" Sp. z
o.o.
Agencja Rozwoju Regionalnego S.A.
AGPOL S.A.
Arenda Sp. z o.o.
Łódź
Kraków
Dąbrowa
Górnicza
Bielsko-Biała
Warsaw
Katowice
100,00
25,06
Service units
Business agencies
11,07
Business agencies
21,93
49,15
100,00
Business agencies
Service units
Business agencies
Media
Trading enterprises and service units
54
55
56
57
58
Białostockie Przedsiębiorstwo Robót
Zmechanizowanych i Maszyn Budowlanych Sp. z o.o.
Białystok
100,00
Service units
59
Biuro Handlowe POLON Sp. z o.o.
Warsaw
100,00
Trading companies and
other
60
BUDOPOL-DELTA Sp. z o.o.
Nowiny
83,42
Service units
61
Bydgoski Park Przemysłowo - Technologiczny Sp. z
o.o.
Bydgoszcz
0,81
Service units
62
Centrala Zaopatrzenia Górnictwa S.A.
Katowice
25,05
other
63
Centralny Ośrodek Badawczo Rozwojowy Aparatury
Badawczej i Dydaktycznej COBRABID Sp. z o.o.
Warsaw
100,00
Service units
Katowice
69,89
Business agencies
Katowice
4,97
65
Górnośląska Agencja Promocji Przedsiębiorczości
S.A.
Górnośląskie Przedsiębiorstwo Wodociągów S.A.
66
HUTMAR S.A.
67
KCI Park Technologiczny Krowodrza S.A.
68
Łódzkie Centrum Filmowe Sp. z o.o.
69
Meble Emilia Sp. z o.o.
Warsaw
70
Miejskie Przedsiębiorstwo Wodociągów i Kanalizacji
Sp. z o.o.
Leszno
0,06
71
Międzynarodowe Targi Katowickie Sp. z o.o.
Katowice
14,00
72
Międzynarodowe Targi Poznańskie Sp. z o.o.
Poznań
73
Okręgowe Przedsiębiorstwo GeodezyjnoKartograficzne Sp. z o.o.
Warsaw
64
Częstochowa
Strona 2 z 8
Service units
100,00
other
Kraków
25,09
Łódź
100,00
Business agencies
Service units
100,00
other
Service units
other
60,00
other
100,00
Service units
No.
Registered
office
Company name
% share of
the
Industry
Gdynia
100,00
Service units
75
76
Ośrodek Badawczo-Rozwojowy Centrum Techniki
Morskiej S.A.
Ośrodek Szkolenia Sp. z o.o.
Polskie Centrum Badań i Certyfikacji S.A.
Olsztyn
Warsaw
44,26
100,00
Service units
Service units
77
Przedsiębiorstwo Badań Geofizycznych Sp. z o.o.
Warsaw
100,00
Service units
74
85
86
Przedsiębiorstwo Produkcyjno-Handlowe HORN Sp. z
o.o.
Przedsiębiorstwo Przemysłowo-Handlowe "Nida" Sp.
z o.o.
Przedsiębiorstwo Usług Wodociągowych HKW Sp. z
o.o.
Przedsiębiorstwo Zaopatrzenia Szkół "Cezas" Sp. z
o.o.
Przedsiębiorstwo Zaopatrzenia Szkół "CEZAS" Sp. z
o.o.
Stilna S.A.
Studio Filmowe KRONIKA Polska Kronika Filmowa
Sp. z o.o.
Studio Filmów Rysunkowych Sp. z o.o.
Studio Miniatur Filmowych Sp. z o.o.
87
SUPOMET Sp. z o.o.
88
89
Toruńska Agencja Rozwoju Regionalnego S.A.
WELUX S.A.
78
79
80
81
82
83
84
other
38,27
other
Kielce
2,20
Warsaw
Dąbrowa
Górnicza
Białystok
Warsaw
Sosnowiec
39,46
Service units
other
100,00
other
11,86
Service units
49,96
Warsaw
100,00
Bielsko-Biała
Warsaw
100,00
100,00
Service units
Service units
Service units
22,40
other
0,37
Business agencies
3,66
Service units
Poznań
Toruń
Katowice
Chemical industry
91
Bydgoskie Zakłady Przemysłu Gumowego "STOMIL"
S.A.
Ciech S.A.
92
Kopalnie i Zakłady Chemiczne Siarki "Siarkopol" S.A.
90
93
94
95
96
97
98
Ośrodek Badawczo-Rozwojowy Przemysłu
Oponiarskiego "STOMIL" Sp. z o.o.
Zakłady Azotowe PUŁAWY S.A.
Zakłady Azotowe w Tarnowie-Mościcach S.A.
Zakłady Chemiczne "JELCHEM" S.A.
Zakłady Chemiczne POLICE S.A.
Zakłady Chemiczne RUDNIKI S.A.
Bydgoszcz
100,00
Warsaw
38,72
Chemical and plastics
industry
Chemical production
Grzybów
100,00
Sulfur
Poznań
100,00
Chemical and plastics
Puławy
Tarnów
Jelenia Góra
Police
Rudniki
50,67
32,05
25,00
6,98
100,00
Chemical production
Chemical production
Chemical production
Chemical production
Chemical production
Wood industry
99
"GRYFSKAND" Sp. z o.o.
Gryfino
13,61 Wood and paper industry
Krosno
Odrzańskie
Świebodzin
100 HARDEX S.A.
101 Lubuskie Fabryki Mebli S.A.
Ośrodek Badawczo-Rozwojowy Przemysłu Płyt
102
Drewnopochodnych Sp. z o.o.
Czarna Woda
42,63
Furniture industry
Electronic and electrical engineering industry
103 BIAZET S.A.
Centrum Naukowo-Produkcyjne Materiałów
104
Elektronicznych CeMat '70 S.A.
Dolnośląskie Zakłady Usługowo - Produkcyjne
105
"DOZAMEL" Sp. z o.o.
106 Elektrocarbon Sp. z o.o.
Gdańskie Zakłady Teleelektroniczne "TELKOM TELMOR" Sp. z o.o.
Instytut Automatyki Systemów Energetycznych Sp. z
108
o.o.
109 UNICON Sp. z o.o.
Białystok
40,33
Electronic industry
Warsaw
24,74
Electronic industry
Wrocław
100,00
Tarnowskie Góry
100,00
Gdańsk
63,88
Electronic industry
Wrocław
100,00
Electronic industry
Białogard
100,00
Electronic industry
SkarżyskoKamienna
28,12
Electrical engineering
industry
107
110
Zakład Produkcyjno-Handlowy Artykułów
Gospodarstwa Domowego „MESKO - AGD" Sp. z o.o.
Pharmaceutical industry
Strona 3 z 8
industry
industry
No.
Registered
office
Company name
111 Tarchomińskie Zakłady Farmaceutyczne "Polfa" S.A.
% share of
the
Warsaw
16.69 ST 69.00 PHF
Industry
POLFA
Light industry
Łódź
27,42
Clothing raw materials
industry
Zduńska Wola
5,16
Clothing industry
114 "STRADOM" S.A.
Częstochowa
25,00
115 Bielskie Zakłady Obuwia "Befado" Sp. z o.o.
116 LUBINEX Sp. z o.o.
Bielsko-Biała
Lubin
100,00
34,44
Opoczno
35,16
Kętrzyn
100,00
industry
Leather industry;
Clothing industry
industry
Clothing industry
Krasnystaw
100,00
Clothing industry
120 Zakłady Przemysłu Dziewiarskiego LIDO Sp. z o.o.
Łódź
100,00
Clothing industry
121 Zakłady Przemysłu Wełnianego 9 MAJA S.A.
Łódź
15,17
122 Zakłady Przemysłu Wełnianego Merilana S.A.
Bielsko-Biała
2,61
123 Zakłady Przemysłu Wełnianego TOMTEX S.A.
Tomaszów
Mazowiecki
41,34
Łódź
95,86
112 "ARELAN" S.A.
113
"Bełchatowskie Zakłady Przemysłu Bawełnianego"
Sp. z o.o.
117 OPTEX S.A.
118 WARMIA S.A.
Zakład Przemysłu Odzieżowego CORA-TEX w
119
Krasnymstawie S.A.
124 Zakłady Tekstylno-Konfekcyjne Teofilów S.A.
industry
industry
industry
industry
Metal and engineering industry
125
126
127
128
129
"ARCHIMEDES" S.A.
"KOLSTER" Sp. z o.o.
"REMA" S.A.
"SPOMASZ" Bełżyce S.A.
Agroma Kutno Sp. z o.o.
Centrum Badawczo-Konstrukcyjne Obrabiarek Sp. z
130
o.o.
131 Centrum Produkcyjne Pneumatyki "PREMA" S.A.
132 Fabryka Elementów Złącznych S.A.
133 Fabryka Form Metalowych Formet S.A.
134 Fabryka Maszyn "BUMAR-KOSZALIN" S.A.
135 Fabryka Maszyn i Urządzeń "FAMAK" S.A.
Fabryka Maszyn Introligatorskich "INTROMA" Sp. z
136
o.o.
137 Fabryka Maszyn w Leżajsku Sp. z o.o.
138 Fabryka Obrabiarek do Drewna Sp. z o.o.
139 Fabryka Przewodów Energetycznych S.A.
140 Fabryka Przyrządów i Uchwytów "BISON - BIAL" S.A.
141
142
143
144
145
Fabryka Szlifierek "FAS Głowno" Sp. z o.o.
Federal-Mogul BIMET S.A.
H.CEGIELSKI-POZNAŃ S.A.
Łambinowicka Fabryka Maszyn "Celpa" S.A.
Meprozet Kościan S.A.
146
Nakielskie Zakłady Maszyn i Urządzeń
Gastronomicznych "SPOMASZ" - Nakło Sp. z o.o.
Wrocław
Olsztyn
Reszel
Bełżyce
Kutno
100,00
100,00
100,00
51,58
100,00
Engineering industry
Pruszków
100,00
Kielce
Siemianowice
Śląskie
Bydgoszcz
Koszalin
Kluczbork
100,00
100,00
Metal industry
100,00
100,00
13,83
Łódź
100,00
Leżajsk
Bydgoszcz
Będzin
100,00
100,00
100,00
Metal industry
Białystok
17,93
Metal industry
Głowno
Gdańsk
Poznań
Łambinowice
Kościan
70,96
5,00
100,00
100,00
44,07
Metal industry
Nakło nad
Notecią
100,00
49,44
Metal industry
9,21
100,00
4,87
147 OPAKOMET S.A.
Kraków
Przedsiębiorstwo Handlowo-Usługowe "AGROMA"
148
Wałcz
Wałcz Sp. z o.o.
Przedsiębiorstwo Handlu Sprzętem Rolniczym
149
Świerklaniec
"AGROMA" Sp. z o.o.
Przedsiębiorstwo Produkcyjno-Usługowe "TECHMET"
150
Pruszcz Gdański
Sp. z o.o.
Strona 4 z 8
No.
Registered
office
Company name
% share of
the
Industry
151 Przemysłowy Instytut Maszyn Budowlanych Sp. z o.o.
Kobyłka
100,00
152 Warszawska Fabryka Dźwigów "Translift" Sp. z o.o.
Warsaw
100,00
Warsaw
100,00
Łódź
100,00
155 Zakłady Górniczo-Metalowe "Zębiec" w Zębcu S.A.
Zębiec
100,00
Metal industry
156 Zakłady Maszynowe "HAMECH" Sp. z o.o.
157 Zakłady Mechaniczne CHEMITEX Sp. z o.o.
Zakłady Mechaniczne Urządzeń Wiertniczych Sp. z
158
o.o.
159 Zakłady Techniczne Eltech S.A.
Zakłady Urządzeń Chemicznych i Armatury
160
Przemysłowej "CHEMAR" S.A.
Hajnówka
Łódź
100,00
100,00
Sosnowiec
100,00
Warszawskie Zakłady Mechaniczne "PZL-WZM" w
Warszawie S.A.
Zakłady Artykułów Technicznych "ARTECH" Sp. z
154
o.o.
153
Bielsko-Biała
8,50
Metal industry
Kielce
100,00
Płock
100,00
Oil industry
2,12
Oil industry
Oil industry
Ośrodek Badawczo-Rozwojowy Przemysłu
Rafineryjnego S.A.
162 Rafineria Nafty "GLIMAR" S.A.
161
Strzyżów
Defence industry
EADS PZL "Warszawa-Okęcie" S.A.
FABRYKA ŁOŻYSK TOCZNYCH - KRAŚNIK S.A.
Huta Stalowa Wola S.A.
Morska Stocznia Remontowa S.A.
Stocznia Remontowa NAUTA S.A.
Wytwórnia Sprzętu Komunikacyjnego "PZL-Rzeszów"
168
S.A.
Wytwórnia Sprzętu Komunikacyjnego "PZL-Świdnik"
169
S.A.
170 Zakład Narzędziowy w Świdniku Sp. z o.o.
163
164
165
166
167
Warsaw
Kraśnik
Stalowa Wola
Świnoujście
Gdynia
18,31
100,00
57,72
15,11
3,71
Defence industry
Defence industry
Defence industry
Defence industry
Defence industry
Rzeszów
0,11
Defence industry
Świdnik
0,60
Defence industry
Świdnik
31,08
Defence industry
Kwidzyn
Wrocław
Środa Śląska
Warsaw
Warsaw
Białystok
Szczecin
Kraków
Leszno
Toruń
Ożarów
Mazowiecki
23,97
0,02
5,33
100,00
100,00
49,15
48,61
14,43
10,05
79,69
Food industry
POLMOS
Food industry
Food industry
Food industry
Food industry
Food industry
POLMOS
Food industry
Sugar
100,00
Food industry
Niechlów
33,28
Food industry
Trzemeszno
100,00
Food industry
Stoisław
100,00
Food industry
185 Szczecińskie Zakłady Zbożowo-Młynarskie PZZ S.A.
Szczecin
100,00
Food industry
186 Zakłady Mięsne "PEKPOL OSTROŁĘKA" S.A.
Ostrołęka
8,60
Meat industry
Piła
35,47
Food industry
100,00
Shipbuilding industry
42,21
30,28
Rural environment
Rural environment
Food industry
171
172
173
174
175
176
177
178
179
180
"PZZ" w Kwidzynie Sp. z o.o.
Akwawit - Polmos S.A.
Centrala Nasienna Sp. z o.o.
Centrala Nasienna w Warszawie Sp. z o.o.
Chłodnia "MORS-WOLA" Sp. z o.o.
Chłodnia Białystok S.A.
Chłodnia Szczecińska Sp. z o.o.
Destylernia POLMOS w Krakowie S.A.
HOLAGRA Sp. z o.o.
Krajowa Spółka Cukrowa S.A.
Przedsiębiorstwo Nasiennictwa Ogrodniczego i
181
Szkółkarstwa w Ożarowie Mazowieckim S.A.
182 Przedsiębiorstwo Przemysłu Ziemniaczanego S.A.
Przedsiębiorstwo Przemysłu Ziemniaczanego
Trzemeszno Sp. z o.o.
Przedsiębiorstwo Zbożowo-Młynarskie "PZZ" w
184
Stoisławiu S.A.
183
187
Zakłady Przemysłu Ziemniaczanego w Pile
ZETPEZET Sp. z o.o.
Shipbuilding industry
188 Centrum Techniki Okrętowej S.A.
Gdańsk
Agriculture
189 "Lubelski Rynek Hurtowy" S.A.
190 "Rolno-Spożywczy Rynek Hurtowy" S.A.
Elizówka
Radom
Strona 5 z 8
No.
Registered
office
Company name
191 "Warszawski Rolno-Spożywczy Rynek Hurtowy" S.A.
192 "Zielonogórski Rynek Rolno-Towarowy" S.A.
193 Beskidzki Hurt Towarowy S.A.
Dolnośląskie Centrum Hurtu Rolno-Spożywczego
194
S.A.
59,32
Rural environment
Zielona Góra
Bielsko-Biała
26,96
62,30
Rural environment
Rural environment
Wrocław
35,69
Rural environment
Krasne
97,89
Łowicz
72,26
Gdańsk
25,40
Rural environment
Zalesie
100,00
Animal breeding
Rusko
100,00
Plant cultivation
Legnica
53,48
Rural environment
Elbląg
15,01
Rural environment
Bydgoszcz
66,76
Ochaby Wielkie
Kozienice
Poznań
100,00
100,00
4,80
Tulce
80,94
Mazowieckie Centrum Hodowli i Rozrodu Zwierząt
Sp. z o.o.
197 Pomorskie Hurtowe Centrum Rolno - Spożywcze S.A.
Przedsiębiorstwo Produkcyjno-Handlowe FERMAPOL Sp. z o.o.
199 Przedsiębiorstwo Rolne RUSKO Sp. z o.o.
Rolno-Przemysłowy Rynek Hurtowy "GIEŁDA
200
HURTOWA" S.A.
Rolno-Spożywczy Rynek Hurtowy "Giełda Elbląska"
201
S.A.
198
202 Stacja Hodowli i Unasieniania Zwierząt Sp. z o.o.
203 Stadnina Koni "OCHABY" Sp. z o.o.
204 Stadnina Koni Kozienice Sp. z o.o.
205 Wielkopolska Gildia Rolno-Ogrodnicza S.A.
206
Industry
Bronisze
195 Małopolskie Centrum Biotechniki Sp. z o.o.
196
% share of
the
Wielkopolskie Centrum Hodowli i Rozrodu Zwierząt w
Poznaniu z siedzibą w Tulcach Sp. z o.o.
Animal breeding Animals Insemination
Centre
Centre
Centre
Animal breeding
Animal breeding
Rural environment
Centre
Rock materials
207 "Górnicze Zakłady Dolomitowe S.A."
"SAKSOŃSKO-ŚLĄSKA UNIA BETONOWA" Sp. z
208
o.o.
Kopalnie Odkrywkowe Surowców Drogowych w
209
Wilkowie Sp. z o.o.
210 Kopalnie Surowców Mineralnych "KOSMIN" Sp. z o.o.
211
Tomaszowskie Kopalnie Surowców Mineralnych
BIAŁA GÓRA Sp. z o.o.
Siewierz
25,21
Rock materials
Gliwice
69,22
Rock materials
Wilków
100,00
Rock materials
31,10
Rock materials
5,11
Rock materials
54,52
Transport
Bielany
Wrocławskie
Tomaszów
Mazowiecki
Transport
212 "POLBUS-PKS" Sp. z o.o.
Wrocław
213 "POLMO GNIEZNO" Sp. z o.o.
Gniezno
2,59 Transport means industry
Sanok
214 AUTOSAN S.A.
215 C.Hartwig Gdynia S.A.
216 EuroLOT S.A.
GRODZISKA FABRYKA WYPOSAŻENIA
217
WAGONÓW "GROWAG" Sp. z o.o.
Gdynia
Warsaw
218 INWESTSTAR S.A.
10,10
62,10
Transport
LOT
Zdrój
Starachowice
219 Lotnisko Łask Sp. z o.o.
220 LS Airport Services S.A.
Łódź
Warsaw
9,03
99,95
LOT
LOT
221 Morska Obsługa Radiowa Statków MORS Sp. z o.o.
Gdańsk
49,43
Sailing and ports
222 PKS Nowa Sól Sp. z o.o.
223 PKS Nowy Targ Sp. z o.o.
Nowa Sól
Nowy Targ
60,98
48,98
Transport
Transport
224 PKS Sp. z o.o.
Kozienice
49,00
Transport
225 Pol-Mot Holding S.A.
226 Polska Żegluga Bałtycka S.A.
227 Polskie Linie Lotnicze LOT S.A.
Warsaw
Kołobrzeg
Warsaw
Strona 6 z 8
100,00
67,97
Sailing and ports
LOT
No.
228
229
230
231
232
233
234
235
236
237
238
239
240
241
242
243
244
245
246
247
248
249
250
251
252
253
Registered
office
Company name
Przedsiębiorstwo Komunikacji Samochodowej w
Puławach Sp. z o.o.
Siedlcach S.A.
Przedsiębiorstwo Handlowo-Usługowe "PSK
Rzeszów" Sp. z o.o.
Przedsiębiorstwo Komunikacji Samochodowej
"POLONUS" w Warszawie S.A.
Częstochowa w Częstochowie S.A.
Przedsiębiorstwo Komunikacji Samochodowej Sp. z
o.o. in Przemyśl
Wołowie Sp. z o.o.
Busku Zdroju S.A.
Chojnicach Sp. z o.o.
Dębicy S.A.
Katowicach S.A.
Lublińcu Sp. z o.o.
Myszkowie Sp. z o.o.
Ostrowcu Świętokrzyskim S.A.
Ostrowie Wielkopolskim Sp. z o.o.
Piotrkowie Trybunalskim Sp. z o.o.
Staszowie Sp. z o.o.
Szczytnie Sp. z o.o.
Świdwinie Sp. z o.o.
Zielona Góra Sp. z o.o.
Przedsiębiorstwo Produkcyjno Usługowe "PORT
RYBACKI GRYF" Sp. z o.o.
Przedsiębiorstwo Przewozu Towarów Powszechnej
Komunikacji Samochodowej S.A.
Przedsiębiorstwo Usługowo-Techniczne MOBILER
Sp. z o.o.
Przedsiębiorstwo Wielobranżowe TRANSKOM Sp. z
o.o.
TRANS-KONSPOL Sp. z o.o.
Veolia Transport Sp. z o.o.
254 Wytwórnia Filtrów "PZL-Sędziszów" S.A.
255
% share of
the
Industry
Puławy
100,00
Transport
Siedlce
100,00
Transport
Rzeszów
Warsaw
100,00
Transport
Częstochowa
100,00
Transport
Przemyśl
49,06
Transport
Wołów
9,50
Transport
Busko Zdrój
100,00
Transport
Brusy
49,00
Transport
Dębica
100,00
Transport
Katowice
100,00
Transport
Lubliniec
100,00
Transport
Myszków
100,00
Transport
100,00
Transport
100,00
Transport
100,00
Transport
Staszów
100,00
Transport
Szczytno
100,00
Transport
Świdwin
100,00
Transport
Zielona Góra
49,00
Transport
Szczecin
100,00
Sailing and ports
Katowice
100,00
Transport
Ostrowiec
Świętokrzyski
Ostrów
Wielkopolski
Piotrków
Trybunalski
Piła
Koziegłowy
30,38
Transport
Nowy Sącz
Toruń
Sędziszów
Małopolski
23,00
0,03
Transport
Transport
Zakłady Naprawcze Taboru Kolejowego w Oleśnicy
S.A.
Oleśnica
Tourism
256 Hotele Olsztyn Sp. z o.o.
257 Marina Hotele Sp. z o.o.
258 Polskie Tatry S.A.
Przedsiębiorstwo Turystyczne MAZUR-TOURIST Sp.
259
z o.o.
Olsztyn
Szczecin
Zakopane
100,00
20,13
71,87
Tourism
Tourism
Tourism
Olsztyn
33,39
Tourism
260 Przedsiębiorstwo Usług Hotelarskich PUH Sp. z o.o.
Łódź
100,00
Tourism
Warsaw
49,98
Tourism
261 WARS S.A.
Strona 7 z 8
No.
Registered
office
Company name
% share of
the
Industry
Health resorts
262
263
264
265
266
267
268
269
270
271
272
273
274
"Przedsiębiorstwo Uzdrowisko Ciechocinek" S.A.*
"SOLANKI" Uzdrowisko Inowrocław Sp. z o.o.
"Uzdrowisko Busko - Zdrój" S.A.*
"Uzdrowisko Horyniec" Sp. z o.o.
"Uzdrowisko Lądek-Długopole" S.A.*
"Uzdrowisko Rabka" S.A.
"Uzdrowisko Świnoujście" S.A.*
"Uzdrowisko Wysowa" S.A.
Przedsiębiorstwo "Uzdrowisko Szczawnica" S.A.
Uzdrowisko Kołobrzeg S.A.*
Uzdrowisko Krynica - Żegiestów S.A.*
Uzdrowisko Rymanów S.A.*
Uzdrowisko Szczawno-Jedlina S.A.
Ciechocinek
Inowrocław
Busko Zdrój
Horyniec Zdrój
Lądek Zdrój
Rabka
Świnoujście
Wysowa-Zdrój
Szczawnica
Kołobrzeg
Krynica-Zdrój
Rymanów Zdrój
Szczawno Zdrój
100,00
1,23
100,00
100,00
100,00
100,00
100,00
100,00
4,83
100,00
100,00
100,00
100,00
Health resorts
Health resorts
Health resorts
Health resorts
Health resorts
Health resorts
Health resorts
Health resorts
Health resorts
Health resorts
Health resorts
Health resorts
Health resorts
100,00
18,83
100,00
Publishing and printing
275 Łódzkie Zakłady Graficzne Sp. z o.o.
276 Rzeszowskie Zakłady Graficzne S.A.
277 Wojskowa Drukarnia w Łodzi Sp. z o.o.
Łódź
Zaczernie
Łódź
Real estate management
278 EHN S.A.
Studzienice
279 "Grupa PHN" S.A.
Warsaw
* subject to changes in applicable laws
Strona 8 z 8
2,50 Real estate management
Companies covered by the Privatisation Plan for the years 2012-2013 proposed by other ministries
No.
Registered
office
Company name
% share of
the
Treasury
Industry
11
12
13
Ministry of Defence
Zielonka
Wojskowe Zakłady Elektroniczne S.A.1
1,2
Gdynia
Stocznia Marynarki Wojennej S.A. in liquidation
Wojskowe Centralne Biuro KonstrukcyjnoWarsaw
Technologiczne S.A.1
Dęblin
Wojskowe Zakłady Inżynieryjne S.A.1
1
Łódź
Wojskowe Zakłady Lotnicze Nr 1 S.A.
1
Bydgoszcz
1
Warsaw
1
Zegrze
Wojskowe Zakłady Łączności Nr 1 S.A.
1
Czernica
Wojskowe Zakłady Łączności Nr 2 S.A.
Siemianowice
Wojskowe Zakłady Mechaniczne S.A.1
Śląskie
Poznań
Wojskowe Zakłady Motoryzacyjne S.A.1
Grudziądz
Wojskowe Zakłady Uzbrojenia S.A.1
3
Warsaw
Wojskowe Zakłady Kartograficzne Sp. z o.o.
14
Wojskowe Biuro Projektów Budowlanych Sp. z o.o.4
Poznań
100,00
15
Zespół Zarządców Nieruchomości WAM Sp. z o.o.
Warsaw
1
2
3
4
5
6
7
8
9
10
100,00
0,62
Defence industry
Defence industry
100,00
Defence industry
100,00
100,00
100,00
100,00
100,00
100,00
Defence industry
Defence industry
Defence industry
Defence industry
Defence industry
Defence industry
100,00
Defence industry
100,00
100,00
100,00
Defence industry
Defence industry
Cartography printing
Design of special
construction
Ministry of Economy
16
Jastrzębska Spółka Węglowa S.A.
Jastrzębie Zdrój
65,74
Brown coal mining
17
Katowicki Holding Węglowy S.A.
Katowice
100,00
Brown coal mining
18
KOMPANIA WĘGLOWA S.A.
Katowice
100,00
Brown coal mining
19
WĘGLOKOKS S.A.
Katowice
100,00
Wholesale of fuels and
related products
20
The Ministry of Transport, Construction and Maritime Economy
Warsaw
52,09
TK-Telekom Sp. z o.o.5
21
PKP Cargo S.A.
5
Warsaw
91,91
Telecommunications
Transport
1)
planned industry privatisation, commencement expected in 2012
powers of trustee, judge commissioner and the board of creditors
3)
the company awaits for the "enfranchisement" decision of the Voivode of Mazovia
2)
4)
the company is carrying out tasks of specific infrastructure; it is necessary to determine the non-price terms of privatisation
5)
pursuant to Article 20 Paragraph 4 of the Act of 8 September 2000 on Commercialisation, Restructuring and Privatisation of the
State-owned Enterprise “Polskie Koleje Państwowe”, shares of companies mentioned in Article 14 and 19 of the Act, which belong to
the State Treasury or state legal persons, are disposed of by the minister responsible for transport, or PKP SA under a mandate
submitted by the Minister.
Strona 1 z 1
Entities of key importance remaining under the supervision of the Minister of Treasury
No.
1
2
Company name
Polska Agencja Informacji i Inwestycji
Zagranicznych S.A. in Warsaw
Agencja Rozwoju Przemysłu S.A.
Registered
office
Warsaw
Warsaw
3
Bank Gospodarstwa Krajowego
Warsaw
4
Powszechna Kasa Oszczędności Bank Polski S.A.
Warsaw
5
PGE Polska Grupa Energetyczna S.A.
Warsaw
% of
Treasury
share
100,00
100,00
State bank
40,99
68,96
Industry
Justification
Polish Information and
Foreign Investment
Agencies
Key importance for the state economy - support of
economic development and promotion of the image
of Poland (Regulation of the Council of Ministers of
22 October 2010 on the definition of state
enterprises and companies fully owned by the
Treasury of key importance for the state economy).
Industrial Development
Agency
The company is one of the main instruments of
state measures supporting the adjustment of Polish
economy to function in the conditions of market
economy; included in the list of companies of key
importance for the state economy (Regulation of
the Council of Ministers of 10 October 2010 on the
definition of state enterprises and companies fully
owned by the Treasury of key importance for the
state economy).
Banking
The Bank serves as a state policy instrument and
performs tasks assigned by the Government. Its
structure and method of transformation is governed
by the Banking Act, whereas the provisions of the
Act on Commercialization and Privatization are not
applicable in this case.
Banking
Company of key importance, in which the Treasury
will retain corporate governance.
Energy production
Pursuant to the document "Energy Policy of Poland
until 2030" adopted by the Resolution of the Council
of Ministers of 29 September 2010, the Treasury
will retain majority share package in the company.
6
TAURON Polska Energia S.A.
Katowice
30,06
Energy production
7
Totalizator Sportowy Sp. z o.o.
Warsaw
100,00
Lotteries and betting
transactions
8
9
Polska Wytwórnia Papierów Wartościowych S.A.
Centralna Stacja Ratownictwa Górniczego S.A.
10
Centrum Badań i Dozoru Górnictwa Podziemnego
Sp. z o.o.
11
Biuro Urządzania Lasu i Geodezji Leśnej in
Warsaw
12
KGHM Polska Miedź S.A.
13
14
15
16
17
18
19
20
21
22
23
24
25
26
Polskie Radio Rzeszów S.A.
Polskie Radio S.A.
Polskie Radio Szczecin S.A.
Radio Białystok S.A.
Radio dla Ciebie S.A.
Radio Gdańsk S.A.
Radio Katowice S.A.
Radio Kielce S.A.
Radio Koszalin S.A.
Radio Kraków S.A.
Radio Lublin S.A.
Radio Łódź S.A.
Radio Merkury S.A.
Radio Olsztyn S.A.
Warsaw
Bytom
Lędziny
Sękocin Stary
100,00
Other
The company is excluded from privatization plans
due to the need to maintain controlling share
package by the Treasury at a level sufficient to
maintain corporate governance. This issue is
governed by "Energy Policy of Poland until 2030"
adopted by the Resolution of the Council of
Ministers on 29 September 2010.
The company carries out the state monopoly within
the scope of the Act on Gambling.
Company of key importance for the state economy
(Regulation of the Council of Ministers of 10
October 2010 on the definition of state enterprises
and companies fully owned by the Treasury of key
importance for the state economy) and of key
economic and defence importance (Regulation of
list of entrepreneurs of key economic and defence
importance).
Mine rescue entity (Regulation of the Council of
Ministers of 22 October 2010 on the definition of
state enterprises and companies fully owned by the
100,00
pp
Lubin
31,79
Rzeszów
Warsaw
Szczecin
Białystok
Warsaw
Gdańsk
Katowice
Kielce
Koszalin
Kraków
Lublin
Łódź
Poznań
Olsztyn
100,00
100,00
100,00
100,00
100,00
100,00
100,00
100,00
100,00
100,00
100,00
100,00
100,00
100,00
Strona 1 z 2
Mining plant operations expert unit (Regulation of
Mining environment units definition of state enterprises and companies fully
state economy).
State enterprise not subject to the
Service units
commercialisation pursuant to Article 21 of the Act
on Forests.
Due to its key importance for the economy and in
connection with Resolution of the Council of
KGHM
Ministers of 11 August 2009, it was decided that
privatisation actions would be limited only to partial
sale of shares held by the Treasury.
Media
Media - unit of public radio and television.
Media
Media
Media
Media
Media
Media
Media
Media
Media
Media
Media
Media
Media
No.
27
28
29
30
31
32
Company name
Radio Opole S.A.
Radio Pomorza i Kujaw S.A.
Radio Wrocław S.A.
Radio Zachód S.A.
Telewizja Polska S.A.
Operator Gazociągów Przesyłowych GAZ-SYSTEM
S.A.
Registered
office
Opole
Bydgoszcz
Wrocław
Zielona Góra
Warsaw
Warsaw
% of
Treasury
share
100,00
100,00
100,00
100,00
100,00
100,00
Industry
Justification
Media
Media
Media
Media
Media
Gas industry
Pursuant to Article 9h Paragraph 2 and 9k of the
Act on Energy Law, in Poland operates one
transmission system operator in the form of a joint
stock company whose sole shareholder is the
Treasury (Regulation of the Council of Ministers of
10 October 2010 on the definition of state
enterprises and companies fully owned by the
33
Polskie Górnictwo Naftowe i Gazownictwo S.A.
Warsaw
72,41
Gas industry
34
Grupa LOTOS S.A.
Gdańsk
53,19
Oil industry
35
Polski Koncern Naftowy ORLEN S.A.
Płock
27,52
Oil industry
36
Przedsiębiorstwo Eksploatacji Rurociągów
Naftowych PRZYJAŹŃ S.A.
Płock
100,00
Oil industry
37
Przedsiębiorstwo Przeładunku Paliw Płynnych
"NAFTOPORT" Sp. z o.o.
Gdańsk
1,28
Oil industry
38
Bumar Sp. z o.o.*
Warsaw
83,68
Defence industry
39
Kopalnia Soli "Wieliczka" S.A.
Wieliczka
100,00
Sól
40
Polskie Wydawnictwo Muzyczne S.A.
Kraków
100,00
41
Powszechny Zakład Ubezpieczeń SA
Warsaw
35,19
Insurance companies
42
P.P. Polska Żegluga Morska
Szczecin
pp
43
Polski Rejestr Statków S.A.
44
Polskie Ratownictwo Okrętowe w Gdyni
45
Zarząd Morskich Portów Szczecin i Świnoujście
S.A.
46
47
Gdańsk
Gdynia
100,00
Sailing and ports
Sailing and ports
pp
Sailing and ports
Szczecin
86,05
Sailing and ports
Zarząd Morskiego Portu Gdańsk S.A.
Gdańsk
85,70
Sailing and ports
Zarząd Morskiego Portu Gdynia S.A.
Gdynia
99,48
Sailing and ports
Key importance - one of specific objectives of
"Energy Policy of Poland until 2030" is to protect
the interests of the Treasury in the key companies
of the gas sector.
Company covered by "Policy of the Government of
the Republic of Poland with respect to the Oil
Industry in Poland".
Provisions of "Energy Policy of Poland until 2030"
stipulate retaining the Treasury shares at least at
the same level.
Provisions of"Energy Policy of Poland until 2030"
stipulate retaining the Treasury shares at least at
the same level.
The Treasury holds 1 share in the company,
constituting 1.28% of share capital, which allows to
exercise operational control over the company of
strategic importance for the national energy
security.
"Strategy of consolidation and support of
development of the Polish defence industry 20072012" provides for Company's transformation into a
joint stock company in 2012 and retention of
majority share package by the Treasury (Regulation
of the Council of Ministers of 10 April 2010 on the
list of entrepreneurs of special importance for the
economy and defence).
Key significance - monument of World Heritage of
Nature and Technology (entered in the UNESCO
list), entered in the national register of historic
monuments.
Key importance - protection of national treasures.
With the Decision of the Council of Ministers of 18
October 2005, the objective of commercialisation of
Polskie Wydawnictwo Muzyczne was changed to
other purpose other than privatisation to secure the
protection of national treasures.
Company of key importance in which the Treasury
will retain company governance.
State enterprise not subject to commercialisation
pursuant to Article 3 Paragraph 3 Sub-paragraph
11 of the Act on Commercialisation and
Privatisation.
Key importance - public utility pursuant to Act on
Polish Register of Shipping, and a company of key
importance for the state economy (Regulation of
definition of state enterprises and companies fully
state economy).
State enterprise not subject to commercialisation
pursuant to Article 3 Paragraph 3 Sub-paragraph
11 of the Act on Commercialisation and
Privatisation.
Act on Ports and Harbours stipulates that the
Treasury will retain at least 51% of the company
votes at the general meeting of companies
managing ports of key importance for the state
economy.
Act on the Ports and Harbours stipulates that the
economy.
Act on the Ports and Harbours stipulates that the
economy.
* in 2013, following conversion into a joint stock company, initial public offering (IPO) is anticipated on the Warsaw Stock Exchange
Strona 2 z 2
Active state-owned enterprises* intended for commercialisation, privatisation or liquidation
No.
1
2
3
4
5
Company name
DRUKARNIA NR 1 in Warsaw
Krakowskie Przedsiębiorstwo TransportowoSprzętowe in Kraków
Orzechowskie Zakłady Przemysłu Sklejek in
Orzechowo
Państwowe Przedsiębiorstwo Odzieżowe "Rakon" in
Racibórz
9
10
PEPEBE Włocławek Przedsiębiorstwo Państwowe
7
8
14
PPO Przedsiębiorstwo Państwowe in Strzelce
Opolskie
Przedsiębiorstwo Budownictwa Przemysłowego
"PETROBUDOWA" in Płock
Przedsiębiorstwo Geologiczne Budownictwa
Wodnego "HYDROGEO" in Kraków
Przedsiębiorstwo Obsługi Inwestycji
15
Przedsiębiorstwo Państwowe GARDIA in Nowogard
11
12
13
16
17
18
19
20
21
22
23
Ministry of Justice
Kraków
Voivode of Małopolska
Orzechowo
Voivode of Wielkopolska
Racibórz
Ministry of Justice
Sieradz
Ministry of Justice
Wołów
Ministry of Justice
Potulice
Ministry of Justice
Łódź
Ministry of Justice
Warsaw
Włocławek
Ministry of Justice
Strzelce Opolskie
Ministry of Justice
Płock
Voivode of Mazovia
Kraków
Voivode of Małopolska
Białystok
Voivode of Podlasie
Nowogard
Ministry of Justice
Nowy Wiśnicz
Ministry of Justice
Siedlce
Ministry of Justice
Ministry of Transport, Construction and
Maritime Economy
Państwowe Przedsiębiorstwo Odzieżowe in Sieradz
Państwowe Przedsiębiorstwo PrzemysłowoMontażowe "POMET"
Państwowe Przedsiębiorstwo Przemysłu
Meblarskiego i Budownictwa
Państwowe Przedsiębiorstwo Wielobranżowe
"AGOT"
Państwowy Instytut Wydawniczy in Warsaw
6
Registered
office
Warsaw
Przedsiębiorstwo Państwowe "Robut" in Nowy
Wiśnicz
Przedsiębiorstwo Państwowe "SETAR"
Przedsiębiorstwo Państwowe "PORTY LOTNICZE" in
Warsaw
Przedsiębiorstwo Państwowe Produkcyjno-Usługowe
"PRESBET"
Warsaw
Warsaw
Ministry of Justice
Wronki
Ministry of Justice
Bydgoszcz
Voivode of Kujawsko-Pomorskie
Warsaw
Voivode of Mazovia
Pruszków
Voivode of Mazovia
Przedsiębiorstwo Przemysłu Metalowego "POMET"
Przedsiębiorstwo Zaopatrzenia i Handlu w "PKS" in
Bydgoszcz
Stołeczne Przedsiębiorstwo Handlu Opałem i
Materiałami Budowlanymi in Warsaw
Warszawskie Zakłady Zielarskie "HERBAPOL" in
Pruszków
Founding body
* excluding state-owned enterprises covered by specific legislation
Strona 1 z 1

(Wersja po KRM 26.03.2012) Opis Planu prywatyzacji EN

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