March 6, 1995

Progress in Poland

NCEO founder and senior staff member

According to Karol Szadurski, head of UNIA, the Polish employee ownership support organization, there are now over 1,000 companies in Poland with broad employee ownership. Karol's fax to us did not indicate what percentage of these were majority employee owned. Karol says this represents 31% of the privatized firms. Employee ownership has not been favored by the Polish Government, but has been a common way to privatize firms almost by default when other approaches fail.