Poland's Treasury did not sell vodka maker Polmos Bialystok to
Polish vodka distributor/producer Sobieski Dystrybucja despite an
earlier announcement that an agreement between the sides was being
finalized on Wednesday. Socha bowed to trade-union pressure, the daily
Gazeta Wyborcza writes. Bialystok workers threatened with strike action
should Sobieski take up Bialystok's reins as they fear job losses.
(Gazeta Wyborcza)

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mareva

Merci Mareva,

La raison officiel est donc que la pression des syndicats ait fait basculé la balance en faveur de l'américain ! Mouais, je reste perplexe...
Les salariés (anciens fonctionnaires) du Polmos auront plus à perdre avec CEDC qu'avec BVD, m'enfin à eux de voir.

» Poland's Treasury did not sell vodka maker Polmos Bialystok to
» Polish vodka distributor/producer Sobieski Dystrybucja despite an
» earlier announcement that an agreement between the sides was being
» finalized on Wednesday. Socha bowed to trade-union pressure, the daily
» Gazeta Wyborcza writes. Bialystok workers threatened with strike action
» should Sobieski take up Bialystok's reins as they fear job losses.
» (Gazeta Wyborcza)

Interfax Newswire Jun 10, 2005 11:54


Poland Business Newswire



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Poland turns to CEDC in vodka maker Polmos Bialystok sale after Sobieski talks fail

Warsaw. June 10. INTERFAX-EUROPE - Poland's Treasury will commence
non-exclusive talks with America's Central European Distribution Company
(CEDC) over the sale of a 61% stake in vodka maker Polmos Bialystok
after negotiations with Sobieski Dystrybucja, the Polish subsidiary of
France-based Belvedere, failed to deliver results in the face of union
protest, the Treasury stated late Thursday.
"The Treasury Minister has decided that [Sobieski's] exclusive
negotiating rights have been ineffective. All [three] potential
investors which participated in the negotiations remain formal
participants of the privatization process. The Treasury Minster has
decided to carry out talks with CEDC...on June 13-17, without granting
exclusive rights," reads the statement.
The Treasury's decision comes after unions at Polmos Bialystok
protested strongly against the sale to Sobieski as they fear job cuts.
The Treasury further stated that it may hold talks with Polish
vodka maker Polmos Lublin, the third bidder for Bialystok.
Polmos Bialystok is one of Poland's leading spirits makers and in
2004 took some 21% of the market, according to the firm's own
calculations. It exports some 5-8% of production, measured in the value
of sales.

MO/RV +168+

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mareva

La signature d'un pacte social avec les syndicats faisait partie des conditions suspensives. Or ce pacte n'a pas été signé signé... Reste à savoir s'il y avait une date butoire pour que ce pacte soit signé. Cette affaire finira sans aucun doute au tribunal