* Interview with Pawel Tamborski, state subsecretary in the Polish treasury of Poland
The authorities in Poland are cooperating with certain Romanian companies for their dual listings on the Warsaw Stock Exchange, according to Pawel Tamborski, subsecretary of state in the Ministry of the Treasury of Poland. "We have many offers", he said in an interview. In order for them to become concrete, however, the Depositories of Poland and Romania have to become connected.
Tamborski is convinced that Romania has every chance of carrying out the privatizations program agreed with the international financial institutions.
Reporter: Poland is seen as an example of successful privatizations. What would be your advice for the Romanian authorities, who have agreed with the international financial institutions to list some of the state owned companies?
Pawel Tamborski: I am certain that it has every chance of fulfilling the privatizations program. Romania has everything it needs for a future development - a well educated workforce, incentives for investing in business and a good location. Considering all this, it is easily visible that Romania is now faced with challenges similar to those faced by Poland a few years ago. Some of them are the issues concerning the swiftness and effectiveness of the privatization process, and the communication of these processes to the citizens and local communities, which could have certain fears.
How did Poland go about it? One of the main goals of the Polish privatization process, successfully achieved by the Government of Donald Tusk in 2008, is to focus on developing Warsaw as the leader of capital market in the Central and Eastern European region.
In order to support this, our strategy was to conduct the major privatizations through the Warsaw Stock Exchange.
In 2010 alone, we have conducted some
