"State-owned enterprises have shown very little capability of adapting to market forces," said Poland's Privatization Minister, Waldemar Kuczynski.

And the Hungarian Privatization Minister, Lajos Csepi, makes his Government's intentions clear.

"Coupon privatization is a political imperative," said Charles Jelinek-Francis, who represented the Czech republic's Privatization Minister at the conference.

According to the Privatization Minister, Wieslaw Kaczmarek, a plan to restructure the shipyard through bankruptcy proceedings will probably be approved.

A report this month from the Privatization Minister, Tomas Jezek, underscored the warm relationship.

The Privatization Minister, Mr. Jezek, has been generous in his praise of Mr. Bakal's team.

His proposals have been resisted by the small core of reformers that remain in the Cabinet, especially Mr. Fyodorov, and the Privatization Minister, Anatoly B. Chubais.

Anatoly B. Chubais, the Privatization Minister, said the Government would press ahead with privatization regardless.

"We are following a road that no one has ever taken before," said Waldemar Kuczynski, the Privatization Minister.

The Privatization Minister will have barely two months to appraise 1,700 business plans before the voucher games are scheduled to begin.