Elektrim gets its way during PTC shareholders meeting

"Everything is going according to schedule. No dividend pay out, and we choose the ninth member of the supervisory board," said Piotr Nurowski, president of Elektrim, which is registered as the owner of a 48% stake in PTC. The new board member is Marek Sowa, deputy president of cable television operator UPC. Shareholders did not give its acceptance the management and supervisory boards members which were linked with Elektrim Telekomunikacja, controlled by French Vivendi. "Almost all resolutions were protested against by Carcom [minority shareholder under the influence of Vivendi. Now they will be appealed against, but it will not make any difference," said Józef Birka, supervisory board member of PTC and Elektrim. Currently, there are no negotiations between Elektrim and Vivendi concerning resolving the ongoing dispute. (Puls Biznesu, pp. 1, 9) M.M.