Eureko and Treasury to lock horns over control of PZU
Treasury Minister Zbigniew Kaniewski asserted that a document concerning this issue has already been sent to the Dutch investor, although Eureko spokeswoman Lorrie Morgan refuted the claim, stating, "We have not received a single document concerning the amicable solution to the dispute." Both parties will, however, meet on March 29, but it is likely to be a difficult meeting. Eureko demands keeping the original privatization agreement, according to which PZU should be publicly sold and thus giving the Dutch investor the right to increase its current 20% stake in the insurance firm by an additional 21%. At present, the Ministry rejects such a proposal. (Puls Biznesu, pp. 1, 6) M.M.