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  • August 1993 (Revised January 1994)
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Prochnik: Privatization of a Polish Clothing Manufacturer

  • Format:Print
  • | Pages:27
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Abstract

Prochnik was a large state-owned clothing manufacturer located in the textile-production-intensive region of Lodz, Poland. In the early months of economic reform, Prochnik was one of the first five state enterprises to be privatized through initial public offerings and traded on the Warsaw Stock Exchange. The case describes the array of changes necessary to transform Prochnik into an internationally competitive private enterprise.

Keywords

Restructuring; Privatization; State Ownership; Apparel and Accessories Industry; Poland

Citation

Loveman, Gary W., and David T. Kotchen. "Prochnik: Privatization of a Polish Clothing Manufacturer." Harvard Business School Case 394-038, August 1993. (Revised January 1994.)
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