Elektrim tries to underpay employees for ZE PAK shares
So far, Elektrim has spent zł. 40 million on purchasing ZE PAK shares from employees, paying zł. 242.34 per share, which is exactly the amount envisaged in the privatization contract. Yesterday, acting on instructions from Elektrim, a company controlled by brokerage house Penetrator, Agencja Informacyjna Penetrator, offered the employees zł. 133.9 per share, which is 45% below the price set in the agreement. Employees who will sign the contract will receive the money within three days from a special Penetrator account. The funds for the transaction, zł. 40 million, will be spent by Elektrim Volt. ZE PAK trade unions said that they plan to start legal proceedings against this action. Elektrim lost a similar case in the past, and if the verdict is similar this time round, the company will be forced to pay over zł. 230 million. (Parkiet, p. 1) A.K.