Commercialisation of Polish Post Urgent
The next parliamentary session will likely see the second reading of a resolution calling on the Sejm to commercialise Poland’s postal service monopolist Poczta Polska (PP). According to an analysis that the Puls Biznesu daily gained access to, such commercialisation should take place as soon as possible. The report, co-authored by PP, PricewaterhouseCoopers consulting company and Kancelaria Wierzbowski i Wspolnicy law firm, points out that in order to avoid the marginalisation of PP, the best solution – albeit an unrealistic one – would be to restructure it as a listed company minority-held by the state Treasury. “International practice shows that currently there is no fully privatised postal company. The Dutch and German post are closest to the ideal. We thus recommend turning PP into a joint stock company listed on the stock market with a majority stake held by the Treasury,” the analysis reads. From 2009 the postal market is to be fully liberalised.