The Ministry of Treasury might decide to sell a part of its stake in Poland’s largest insurer, PZU, as early as this week, said analysts spoken to by Parkiet.

Analysts agreed that the Treasury, which owns a 35 percent stake in the company, would most likely want to sell a 10 percent stake, which would be worth some zł.3 billion.

The Treasury can offload PZU shares and still get more than zł.681 million from its 2011 profits via dividend payouts, the analysts said.

“The sale of PZU shares by the Treasury may occur at any time,” said Iza Rokicka, analyst at BRE Bank.

Witold Wroński, analyst at BM BNP Paribas Polska, agreed, saying, “We can expect the sale of PZU shares pretty soon. The Polish economy is slowing down faster than predicted so the condition of the country’s budget will deteriorate. Plus, the current stock price of the insurer might be tempting for the ministry.”

The offer will probably be addressed only to institutional investors.

Poland A.M.