16th October 2012
Tuesday, June 18th, 2013
Węglokoks in line for 2013 IPO
Poland's treasury announced that it plans to float the country's largest hard-coal exporter, Węglokoks, in 2013.
“Within companies in the coal industry, Węglokoks is the most prepared for the IPO. I think that 2013 is a realistic time frame when we can seriously consider entering Węglokoks on the Stock Exchange,” Deputy Treasury Minister Paweł Tamborski told a press conference.
Mr Tamborski added that state-owned miner Kompania Węglowa could be floated in 2014.
“However, in the case of Katowice Holding Węglowy, we [the Treasury] want to wait for the effects of financial restructuring related to the issuance of bonds for banks,” Mr Tamborski explained.
From Warsaw Business Journal
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