Polish Privatization: Zakłady Maszyn Chemicznych „METALCHEM” Sp. z o.o.

Zakłady Maszyn Chemicznych „METALCHEM” Sp. z o.o (Chemical Machinery Plant „METALCHEM” Ltd) is a single-plant company located in the industrial district on the outskirts of Gliwice. The company produces machines for the chemical industry and plastics processing machines. At present extruders, extrusion lines as well as spare parts for these machines, including chiefly the plasticizing units account for 100% of production.

The State Treasury owns 100% of the Company’s shares. In the acquisition process the 85% of the shares is up for sale, namely a block of 68,000 shares, having a par value of PLN 50.00. (€12.31, $17.38). The price is the subject matter of negotiations but the nominal value of the stock is €837,080, $1,181,840.

In the International Fair of Plastic Processing the products of Metalchem were remunerated and the company’s long time results were awarded by COFACE Poland with the title of “Business Gazelle” in 2005.

The deadline for submission of written responses expires at 3.00 p.m. (Central European Time) on February 19, 2010.