Copper union ZZPPM to lodge complaint with KGHM management

The Polish Copper Industry Workers Union (ZZPPM) will today launch an official complaint with the management of KGHM copper concern over proposed amendments to the company's regulations that are to be considered at the KGHM shareholders' meeting on June 26. The union objects to an amendment that will empower the management to raise the company's share capital by up to zl.1.5 billion within the next three years, without seeking the consent of KGHM shareholders. "We are also demanding an increase in our monthly pay of 8%, starting July 1, and the establishment of a program securing the jobs of the entire KGHM workforce," said Ryszard Zbrzyzny, ZZPPM president. However, company spokesman Jerzy Pietraszak described such demands as unreasonable. He said that only the issue of remuneration might be considered in detail. He added that this is the second such complaint initiated by the ZZPPM, and that the first one, launched on November 10 last year, has not yet been officially resolved. (Prawo i Gospodarka, p. 10) M. S.-C.