What is Sole-shareholder company of the State Treasury?
'''A Sole-shareholder company of the State Treasury''' is a [[company]] established in Poland. These companies were set up to [[Commercial|commercialize]] the [[Nationalization|state-owned]] businesses after the end of [[Polish People's Republic|communism in Poland]]. The [[Asset|assets]] of the state-owned enterprise became the assets of the company, and the sum of the company's [[Share (finance)|share capital]] and supplementary capital is equal to the funds of the state-owned enterprise. [[Employee|Employees]] of a commercialized enterprise became, by law, employees of the company. Employees of an enterprise transformed into a joint-stock company had the right to acquire 15% of shares owned by the [[State Treasury]] free of charge. The same privilege applies to suppliers of raw materials to the company. A significant number of state-owned companies inherited from the Polish People's Republic are criticized as unprofitable and encouraging [[nepotism]] and the extortion of public money .<ref>{{Cite web|last=Pytlakowski|first=Piotr|date=20110812T134100+0200|title=Dziwne interesy Textilimpeksu|url=https://www.polityka.pl/tygodnikpolityka/kraj/1518050,1,dziwne-interesy-textilimpeksu.read|access-date=2024-03-08|website=www.polityka.pl|language=pl}}</ref> In 2012, there were 223 companies in which the rights from shares were exercised by the Minister of the Treasury.<ref>{{Cite web|url=http://nadzor.msp.gov.pl/portal/nad/177/Wykaz_spolek_z_udzialem_SP.html|title=Wykaz spółek skarbu państwa|publisher=Ministerstwo Skarbu Państwa|access-date=2024-03-08|archive-date=2011-07-17|archive-url=https://web.archive.org/web/20110717153705/http://nadzor.msp.gov.pl/portal/nad/177/Wykaz_spolek_z_udzialem_SP.html|url-status=dead}}</ref> ==References== {{reflist}} [[Category:Companies of Poland]] [[Category:State-owned enterprises]]