15:47 4 August 2025
CEO of HRE group claims court appointed trustee is attempt at hostile takeover
At the request of Michał Cebula, vice president of HRE Investments, the court appointed a curator for the company, escalating the conflict with its president and largest shareholder, Michał Sapota. Sapota calls it an attempted hostile takeover and plans to appeal. HRE, a real estate and investment group, has faced severe financial troubles: its key company, HREIT, is under forced management amid ongoing bankruptcy proceedings. Cebula, Sapota’s former partner turned rival, cited decision-making paralysis, as shareholder meetings have not been held and financial statements remain unapproved since 2021.
The appointed curator, lawyer Karol Pachnik, is tasked with restoring corporate governance and possibly liquidating the company. Sapota argues the ruling is invalid and part of a plot to seize control and force HRE into collapse.
(pb.pl)
