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Casinos Poland is planning to sell

 
/2009-05-02/

Does the company quickly Casinos Poland will go into proverbial hammer? LOT Polish Airlines have developed a program of restructuring the company. Reiterated its intention to sell 33-percent. package in Casinos Poland. It is not known yet, however, when and to whom?

"In terms of Casinos Poland, we talk about sales. We will, as soon as possible to enter into a formal procedure for disposal of these shares and I think that within a few weeks to begin the formal process "- told Sebastian Mikosz, Acting President of LOT-u.




Already in March last Deputy Minister of the Treasury, Zdzisław Gawlik, announced that LOT Polish Airlines and Polish Airports State Enterprise wants to sell 66.6% stake in Casinos Poland in the organizing group. In September, the plan involved the sale of the shares until the end of last

- We want to dispose of the businesses that are not necessary to us. This certainly applies Casinos Poland, which has already started the sales process and together with the Polish airports make divestments - informs the President of LOT's Dariusz Nowak.




This time the talk of a rapid sale. LOT is 33.3 percent. Casinos in Poland. The same package are in Polish airports. Both companies want to sell their packages together (the third is a co-G5, which belongs to the Century Casinos).

Recall that Casinos Poland runs seven casinos in Poland. The year 2008 was a record for the company - ended by the amount of 7.3 million net profit.

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