Opposition party Law and Justice (PiS) wants to stop the privatization process of cable car operator PKL. In a voting on Friday, a draft law proposed by the party was approved for further work in the parliament.
PiS wants the State Treasury to buy PKL from state-owned railway group PKP and then transfer the cable car firm to the authorities of the Małopolskie voivodship. PKP is currently in the process of selling PKL and wants to complete the transaction in the first half of 2013.
The draft law will now go back to parliament commissions and will be voted upon again at a later date. For 2011 PKL posted a zł.9.1 million net revenue. The funds from the potential sale of PKL would be used to pay off PKP debt.
From Warsaw Business Journal
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