The Polish Treasury Ministry has binned plans to merge the country's two vodka producers Polmos Bialystok and Polmos Szczecin, the local press reported last week, quoting deputy treasury minister Jozef Wozniakowski.

The decision has been taken over fears the merger would decrease the value of Polmos Bialystok which is to debut on the Warsaw Stock Exchange next year. Polmos Szczecin has been struggling financially.