Poland's state assets worth EUR 45 bln at end 2018 - gov't body


The value of shares and holdings owned by Poland's Treasury exceeded PLN 190 bln (EUR 44.65 bln) at the end of 2018, Treasury Solicitor's Office head Mariusz Haladyj told the Sejm (lower house) Energy and Treasury Committee on Wednesday.

The committee unanimously approved the Office's report on state assets as of December 31, 2018.

The report covers 500 companies in which the State Treasury was represented by 18 entities in 2018, Haladyj said. A total of about 3,000 entities, including agencies, companies and universities, administered state assets in that year, he added.

The state assets included about 10 mln hectares of lands and property, or about 33 percent of Poland's territory.

State offices and institutions occupied land worth nearly PLN 60 bln (EUR 14.10 bln) and the value of their buildings reached close to PLN 210 bln (EUR 49.35 bln), the report shows.

The combined balance sheet value of companies supervised by the Energy Ministry increased to nearly PLN 6 bln (EUR 1.41 bln) at the end of 2018 from PLN 5.8 bln (EUR 1.36 bln) the previous year, according to the Treasury Solicitor's Office.