Employee Ownership Moves Forward in Poland

Despite a government environment that ranges from indifferent to unfriendly, employee ownership is still being chosen as one of the most common routes to privatization in Poland. Employees have been willing to devote some of their own resources to buying their companies when investors have been reluctant to get involved, the approach the government would prefer. According to UNIA, the Polish employee ownership organization, there are now over 1,000 employee ownership companies in Poland, most majority employee owned, translating into 31% of the privatized firms.