03-Jul-2009 4:12 PM
On verge of bankruptcy, LOT re-nationalised. Future uncertain
Analysis
In May-09, Financial Association Silesia (TFS) bought a 25% share of LOT from SAir Group which effectively put Poland's national carrier fully back in control of the state. TFS, which, it is estimated paid between EUR40 and 50 million for the shares, is a state company set up in 2000 to save the Katowice steel foundry from bankruptcy - and is owned by the Polish Treasury and Industry Development Agency.
Read More
This CAPA Analysis Report is 372 words.
You must log in to read the rest of this article.
Got an account? Log In
Create a CAPA Account
Get a taste of our expert analysis and research publications by signing up to CAPA Content Lite for free, or unlock full access with CAPA Membership.
| Inclusions | Content Lite User | CAPA Member |
|---|---|---|
| News | ||
| Non-Premium Analysis | ||
| Premium Analysis | ||
| Data Centre | ||
| Selected Research Publications |