Ciech bosses try to stay on in face of PiS overhaul

The management of Ciech, headed by Ludwik Klinkosz, who was appointed during the ruling times of the Democratic Left Alliance (SLD), is trying to defend itself from a dismissal. The company, in which the largest shareholder is Kompania Węglowa with 36.67% of shares, is trying to pass through a resolution according to which members of the management board - including the president - would be appointed by the supervisory board, and not by votes at the shareholders' meetings, where the decisive voice is the state. The Economy Ministry, however, has other plans for the company. "The proposition of Ludwik Klinkosz is scandalous. The management of Ciech has revealed its cards. It is obvious that it is an attempt to take over Ciech," said deputy economy Minister Paweł Poncyliusz. (Puls Biznesu, pp. 1, 5) A.K.