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Tesco out of Poland? Żabka and Biedronka opportunity. [73]
shock therapy was all about
That was Soros' plan to divest Poland of her industrial assets and make her a neoi-colonial victim of foreign interest groups. What ex-PZPR member Balzerman should have done was create a Polish Capital Consortium -- a state and private capital group encompassing petrochemicals, copper conglomerate, shipyards, collieries, steelworks, Cegielski, distilleries, breweries and all other major viable, nearly viable and salvageable industrial assets which could be listed on the bourse and turn Poland into an economic powerhouse. That would have spared Poland unemplyoment of up to 30%-40% in some areas, depressed regions and many other hardships. When Daewoo ran into trouble the PCC could have bought out their Polish operation and used it to create an indigenous automotive sector. By now maybe only LeClerc and Carrefour would be on the Polish market alongside 10 major wholly Polish-owned retail chains which would also have outlets in Denmark, Slovakia, Hungary, Belgium, Lithuania, France and Britian.