25 October 2010

POLAND: Moving To Privatize Industries And Rebrand Image.

WSJ/ MARYNIA KRUK :
"Two decades after the fall of the Iron Curtain, Poland is still trying to deal with the legacy of 40 years of communism, when the state owned the commanding heights of the economy—the large swathes of strategic industry still in government hands. Krzysztof Walenczak, 42, (undersecretary of the State Treasury) is a key player in the government's privatization process. But he seeks to be more than an auctioneer of public assets. He wants to be the architect of a new European financial center."
    AND: "Investors need to be reassured that [Poland] is a normal Western European country, with a normal legal and political framework," Walenczak says. "Not all global investors are sophisticated enough to know the difference between Poland and Ukraine."