The Polish Treasury could achieve its goal of earning up to zł.10 billion from the privatization of state-owned firms in 2012. The government has in its portfolio shares of a number of companies that have so far been popular among investors, according to daily Parkiet.

The Treasury had announced earlier in December that it is maintaining its plan to raise zł.10 billion next year despite the current market uncertainty and euro zone crisis.

The plan seems plausible, but only if the situation in the euro zone and on the stock markets stabilizes, according to Marek Sojka, deputy CEO of insurance firm PE PZU. “Until the crisis in the euro zone is solved, the safer estimate for potential gains from privatization is zero,” Mr Sojka told Parkiet.

Experts list oil-firm Lotos Group, bank PKO BP, insurance firm PZU and energy firm PGE among the companies whose shares could be sold by the Treasury on the Warsaw Stock Exchange next year.

Some also point out to the state's shares in energy firms Enea and Tauron and chemical firms Ciech and Puławy other potential candidates to be sold on the bourse.

Poland A.M.