Article: Interfax Poland Business Daily.(Company overview)

COMPANY NEWS

Poland's Treasury expects to float steel mill Huta Labedy in Q3 or Q4

WARSAW. MAY 9. INTERFAX CENTRAL EUROPE - Poland's Treasury Ministry expects the flotation of steel firm Huta Labedy in the second half of the year to be this year's first initial public offering of a state-controlled company, Deputy Minister Pawel Szalamacha told reporters Wednesday.

"We think the first state-controlled company to debut on the Warsaw Stock Exchange will be Huta Labedy," Szalamacha said.

The Labedy IPO, scheduled for "no earlier than the third or fourth quarter," will be valued at well more than PLN 100 mln, Szalamacha said, adding that ...

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