| dc.description.abstract | The process of economic transformation began in Poland in the early 1990’s and its
aim was to change from centraly – regulated into market economy. Balcerowicz Plan, which
initiated the transformation, introduced a completely different economic system whose goals
were macroeconomic stabilization, liberalization of prices from state control, and deregulation
of economic activity.
The purpose of this article is to present the process of restructurisation of the biggest state-
owned enterprises in the Żywiec region after the 1989. The analysis shows that the majority
of state-owned companies from this region didn’t meet the requirements of market economy
due to liabilities, hiperinflation, high competition, limited export to estern Europe, or lack of
responsibility for strategic decisions made by management. The problems with adapting to the
new situation caused many of those companies to go bankrupt or to be taken over by private
owners not always interested in continuing production or maintaining the employment on the
previous level. | en_EN |
