WSE goes up for sale

2nd October 2009

With all legal hurdles out of the way, the Warsaw Stock Exchange is officially ready to be sold, marking the beginning of the government's ambitious privatization plans for 2009 and 2010.


Yet these plans face challenges further down the line, both in terms of finding buyers in the current economic environment – as recent difficulties in selling Poland's shipyards have shown – and in overcoming resistance from opposition parties and the public to further privatization.

President Lech Kaczynski's signing of a law on Tuesday that allows the Warsaw Stock Exchange to pay out dividends from past profits removed the last remaining obstacle to its being sold. Over the last 18 years, the e ...