Conflict and questions of legality continue over Vistula management boards

According to the last decision of the supervisory board of clothing manufacturer Vistula, the new president of the company should be Roman Wenzl. However, the firm is still managed by Piotr Wojcik who took the post at the beginning of December and is supported by shareholders close to PZU. He claims that the decision was taken illegally, as two members of the supervisory board were chosen in breach of the company statute. "An illegal supervisory board cannot take binding decisions," said Wojcik. He also has the full support of trade unions, which are refusing Wenzl entry into the company. Polish shareholders claim that foreign shareholders, which had a major influence over the company for the last three years, have sucked millions of zloty from it in bad investments. Gazeta Wyborcza could not reach neither representatives of foreign investors nor Roman Wenzl. (Gazeta Wyborcza, p. 22) M.M.