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2005-09-19

Sobieski and Polmos Lublin uninterested in Polmos Lodz

Neither Sobieski Dystrybucja, nor Polmos Lublin is going to take part in negotiations on the privatisation of Polmos Lodz. The companies are not interested in the purchase of the latter’s shares, because of the poor financial condition of Polmos Lodz. Waldemar Wasiluk, the director of finance of Polmos Lublin, explained to the Polish Press Agency (PAP), that Polmos Lodz does not have any strong brands. He said: “We want to read the company’s memorandum relating to its potential and we are waiting for the Treasury’s decision on the writing off of back tax owed by Polmos Lodz”. The company deals with the manufacture of alcoholic products, in addition to the distribution of alcoholic and non-alcoholic drinks.

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