The Ministry of Treasury works on a privatization plan for the years 2008-2011. Part of the plan consists in the publication of the list of companies that are to be transferred to private sector in the forthcoming years.

The privatization plan embraces companies from such important industries as financial or power industry, chemical and petroleum industry - where privatization is either to begin from scratch or will be continued. Privatisation is also planned to include the machine, metal, electronic, electro-technical, alcohol, food, wood and paper, furniture, clothing and clothing raw materials, transport and logistics industries as well as trading companies and service units, minority shareholding (the residues) or companies from the NFI Program.

Privatization of the companies from the NFI program should have been finished by the end of the year 2009. Privatization of residues shall take place until mid 2009. There are cases where either due to the current court proceedings, settlements with creditors or investors' obligations resulting from the privatization agreements, transformation processes may be prolonged until the year 2011.

As of March 31^st, 2008 the Minister of the Treasury exercises rights to stocks and shares in 1237 companies. Among these, 350 companies are being liquidated, declared bankrupt or stopped business activity. Out of the remaining 887 active companies, 363 (41%) are one-person companies of the Treasury.
A framework list of privatization plans elaborated in the Ministry of the Treasury for the years 2008-2011 includes 740 entities (including PZU S.A. after the dispute with EUREKO has been resolved) supervised by the Ministry of the Treasury. In addition, among the companies submitted for privatization there are two companies belonging to the Ministry of Economy, 16 entities belonging to the Ministry of National Defence and three were submitted by the Ministry of Infrastructure. There are 25 entities which are not submitted for privatization. Likewise, 19 companies from the group of public media shall not undergo privatization. There is a separate list of 23 entities in relation to which there is a possibility of postponing the privatization process and four companies which shall be liquidated after completing the tasks for which they had been established. The remaining companies have been udergoing processes of introducing a given firm into the company and the consolidation.

Ownership transformations are to be implemented in accordance with governmental programs and a given sector strategies, both the existing ones and those adopted during the realization of the program. In the years 2008-2011 process of ownership transformation is planned to have been realised in the majority of sectors. (Ministry of the Treasury/PAIiIZ S.A.)

See more on the website of the Ministry of the Treasury