Poland Aims to Enhance State Companies' Governance While Shunning Asset Sales

Poland Aims to Enhance State Companies' Governance While Shunning Asset Sales

The Polish government is focused on improving the governance of state enterprises, opting out of asset sales strategies. This decision stems from a desire to increase efficiency and transparency in the functioning of these companies, which should consequently support economic stability in the country. The Ministry of State Assets in Poland has already initiated the implementation of new management practices and standards, geared towards long-term strategies. Moreover, the ministry expressed confidence that the recent changes will enhance the performance of state companies and strengthen their market positions.

Previously, the government had voiced plans for deregulation and privatization; however, the current situation has prompted the government to rethink its priorities. It is anticipated that the new measures will contribute not only to the development of existing enterprises but also to attracting new investments in the public sector. The approved changes also include the introduction of a new system for upskilling managers and employees, which is expected to reduce corruption levels and improve the overall business climate.

A key component of the policy is a strong emphasis on sustainable resource management and social responsibility of companies. Issues of ecology and social justice are also prioritized, reflecting contemporary societal demands on businesses. Overall, the Polish government is striving to develop its own approach to management that harmonizes private and public interests.

In this way, Poland demonstrates a readiness to change its strategies in the sphere of public economic activity, focusing on long-term development and sustainability. These measures may represent an important step toward ensuring economic growth and stability in the country.

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