Poland

Poland

Sells shares of largest coking coal producer

31 May 2011

In June, the Government sold its 33 percent stake in Jastrzebska Spolka Weglowa (JSW), the European Union's largest coking coal producer, through an initial public offering on the Warsaw Stock Exchange (WSE). The company was valued at around Zl 15bn, and the Ministry of Treasury expects to receive around Zl 5.4bn from the IPO.