1. PRIVATISATION VS. PRODUCTIVITY IN POLAND
Paper prepared by:
Jacek KOTOWSKI
Izabella ZAGOŹDZIŃSKA
Central Statistical Office of Poland

2. CONTENT OF THE PAPER
Short description of privatisation process in Poland
legal basis
scale and present state
Comparison of private and state owned entities’ behaviour
survival rate
employment
basic financial results
labour productivity
Plans for the future

3. PROVATISATION – LEGAL BASIS
Three transformation procedures:
Indirect privatisation
1st step – commercialisation
2nd step – sale to private owners
Direct privatisation
Liquidation

4. PRIVATISATION – SCALE AND PRESENT STATE
1990 – beginning of the process
Up to 2004 in total 5511 enterprises were included in ownership transformation process (excl. agriculture)
of which
2358 entities were privatised
343 – indirectly
2015 – directly
961 entities were liquidated

5. PRIVATE VS. STATE ENTITIES
Scope of the analysis:
Enterprises active in as:
Panel A – private
Panel B – state
Enterprises with 10+ employed persons
C, D & E NACE sections

6. POPULATION OBSERVED (1999)
Private
State
Total industry
853
470
of which: C 23 25 D
741
428 E 89 17

7. SURVIVAL RATE 1999-2004 Private State Total industry 68.93 44.47
of which: C
91.30
64.00 D
66.40
42.29 E
84.27
70.59
Similar differences in manufacturing divisions

8. Average employment in 2004 (per 1 unit)
Private
State C
326
555 D
324
221 E
382
741

9. EMPLOYMENT REDUCTIONS BETWEEN 1999 AND 2004
Private
State
Total industry
36%
33%
of which: C D
31%
35% E
54%
26%
In general higher reductions at the beginning of the period.
In private entities increase of employment in 2004.

10. TURNOVER IN 2004 (per 1 unit – in ths. PLN)
Private
State
Total industry
121913
61270
of which: C
32490
77944 D
106262
46865 E
249624
256308
In C and E turnover in private entities increased faster than in state enterprises.

11. PRODUCTION COST RATE – 2004 Private State Total industry 92.8 93.5
of which: C
92.6
97.4 D
94.2
93.3 E
88.9
92.3
In D only in 2004 higher in private entities.

12. TURNOVER IN 2004 (per 1 employee – in ths. PLN)
Private
State
Total industry
374
222
of which: C
204
140 D
328
212 E
654
346
In growth rate higher in private entities.

13. PROFIT IN 2004 (per 1 employee – in ths. PLN)
Private
State
Total industry
26.9
14.5
of which: C
15.1
3.6 D
19.0
14.3 E
72.6
26.5
In higher in state enterprises but since 2001 very fast increase in private entities (sections C and E).

14. CONCLUSIONS
Private owner
better results
higher labour productivity

15. PLANS FOR THE FUTURE Further analysis planned
Larger use of statistical surveys’ results:
B&R
FATS