Both the management and the majority of trade unions depends on the chemical companies that helped finance the privatization and investment to achieve a better position in the international market, however, some trade unionists are concerned about government plans – the result of the comments they met PAP.
Belonging to the Treasury of Poland Nafta has been authorized to dispose of 36.68 percent. share capital of SP in the company Ciech SA. The company also invited bidders willing to negotiate the purchase of shares of the total SP and Polish Oil Azotowe Works in Tarnów-Moscice SA (52.56 percent). Azotowe Works and Kedzierzyn-Kozle, ZAK SA (86.28 percent).. Nafta Poland is waiting for reports to 10 September.
All three companies make up the so-called. Great chemical synthesis. Resort treasury through the sale of shares controlled by them of the three chemical plants wants to have them consolidated.
“Privatization is an opportunity for the Group Ciech. The acquisition will strengthen the long-term investor Ciechu position as market leader in the Polish chemical industry, will enable the completion of investment and further expansion and development of a stable group. The involvement of financial investors in the privatization would also help enhance capital and reduce the debt of the company” – said on Monday, PAP Ciechu President Ryszard Kunicki.
Ciech Chemical Group is the largest chemical company in Poland, Europe’s second producer of calcined soda. It is composed of more than 30 companies, including eight manufacturing companies. Treasury is in the group of 36 percent. shares. 18.77 percent. is in possession of Pioneer Pekao Investment Management SA. Ciechu annual revenue is about 3.5 billion zloty.
Consolidation and privatization of the United chemical synthesis is an opportunity for its further, stable development “- estimated in the conversation with the President of the PAP Azotowe Plants in Tarnów (zat) Jerzy Marciniak. As noted, the Polish chemical companies compete in the global market with several major players, so they will be an opportunity for consolidation and integration into the structure of large capital and strong players.
“The privatization of companies, which have no strategic significance for the state, and such facilities are East, is a natural process, which is the beginning of commercialization” – said Marciniak. He recalled that Azoty Tarnów have an investment program, which by 2012 is partly financed with funds obtained from issuing shares on the WSE. “Thinking seriously about the future, we should find an investor that will guarantee the implementation of further investment,” – stressed.
Vice-President of Solidarity “in Zbigniew Wróbel Tarnowskich Azotach PAP reported that the trade unions want above all from the State Treasury, that the new owner of the company you select a reliable investor, who will present a package of investment to ensure development for the next decade. “We are opponents of privatization for privatization. We are interested in the money for investment, growth and increase jobs” – said Wrobel. “If you have come to the sale, it will be much attention to the investment package, and benefit package is secondary” – he added.
Azoty Tarnów SA is one of the largest producers of mineral fertilizers and chemicals. Plants zadebiutowały on the Warsaw Stock Exchange in June 2008; IPO brought the company close to 295 million in investment. 49 percent. shares is owned by the Treasury Nafta SA Poland, close to 3.5 percent. shares have the Treasury. More than 10 percent. belongs to PGNiG, and 6.54 percent. – To Ciechu.
Privatization plans concern for trade unionists Azotowe Zakłady Kedzierzyn-Kozle (ZAK SA).
“In this case there is virtually no dialogue. Nobody is trying to explain anything to us or in any way allay. Previously, we were encouraged not to enter the stock exchange, then the concept of a single order ZAK erased from history. We suspect that, as so on goes, there are the stock market in general is not there “- said the head of the PAP in Solidarity Works Azotowe Kedzierzyn, Krzysztof Skrzypczak.
He added that the trade unions will not take any steps at least until the opening of envelopes with proposals for potential investors. “September 15 will be opened envelopes, Nafta Poland will decide who goes to the second round – that is, sell the whole package. At this point, the stock exchange has already barred – because if you buy something that is not there to rozprzedawać it later” – the head of Solidarity in the assessed ZAK.
Among the information they reach the workers kędzierzyńskich nitrogen is such that the offer of shares to one investor has raised a lot of interest. “We set the queue after the three companies – Ciech, Tarnow and Kedzierzyn. We have this slightly different approach. Money is not in the market so that someone would throw these companies. For the moment, wait, he did not know as it will be. We are certainly there for the privatization process is finally completed. negocjowaliśmy Twice already benefit package, as compared to three times the art “- summed up Skrzypczak.
Nitrogen Plants Kedzierzyn SA is one of the largest suppliers of chemicals, among others for agriculture, construction and processing. 80 percent. shares in the company is owned by the Treasury Nafta Poland, and about 6 percent. has the same Treasury.
As PAP chemical Police spokesman Rafal Kuźmiczonek, in assessing the company’s board of choice towards the privatization will be one of the most important decisions in its history, it will identify the company’s competitive position in the market nawozowym. Noted that coincide with the privatization carried out a restructuring program the company. “The idea is to strengthen the market position of Police, to extend the range of products in the nitrogen fertilizer segment and expand the distribution network in Europe” – said.
“Of key importance is the fact that the production of Polic rely entirely on imported raw materials. It should therefore be considered variants (privatization – PAP) to stabilize the conditions of supply” – Kuźmiczonek added. He informed that the Board is currently preparing the best scenario of privatization and financial stabilization of the company. After the first quarter of 2009, the net result of “Police” closed for the loss of 175 million €. Poor performance by the company include low demand for fertilizer in global markets and an increase in prices of raw materials.
As chairman of the PAP works of Solidarity 80 “Roman Bak, privatization Police – which is a consequence of the entry on the stock exchange – not a surprise. He stressed that the attitude of trade will depend on potential investors. “If they talk to us seriously and will be negotiated package of social services, will not fear” – he added. Bak believes that the major problem is the survival of the company in good shape until privatization.
The company is seeking a loan of 190 million, but the bank that it has granted zażyczył the independent audit. The audit runs out in mid-August. Decisions on loan are given at the end of August and September.
Chemical Plant “Police” SA is one of the largest chemical companies. In 1995, he has been transformed into a company of the State Treasury, and in 2005 years debiutowały on the Stock Exchange. ZCH Police is the largest employer in woj. West – where employees are more than 3 thousand. people. Treasury is currently 59.43 percent. shares in the company.
Trade unionists from plants Azotowe “Puławy” SA believe that the state should retain control of a holding company.
President of the Workers’ Trade Union Movement in continuous ZA Puławy Sławomir rung PAP said that the announcement of privatization, as yet, are too general and trade unionists are awaiting detailed information on this topic. “I do not know yet how much and to whom they want to sell, and how exactly this would be carried out privatization” – pointed rib.
He stressed, however, that the state should maintain such a holding, which will ensure him control of the company. “Such a holding should keep themselves in a sustainable way. The company has a very large impact on the development of, inter alia, not only the city but the entire region” – said timber.
Management of the company does not comment on government plans. “These are the decisions of the owner of the company and we will not comment on them” – said the spokesman of the PAP puławskich Azotowe Grzegorz Kulik.
Nitrogen Plants “Puławy” SA for over 40 years of age is the leader of the Polish-nawozowo chemical. Sales of chemicals is now 40 percent. overall production and gradually increasing; Puławy specialize in melaminie. Treasury has 50.73 percent. shares. company. In the first quarter of this year Pulawy profit amounted to more than 30 million €.