Everyone wants a piece of KGHM's bumper Q1 profit

Should KGHM meet all the union demands, it would cost the concern about zł.90 million. The unions represent about 17,500 employees. KGHM management have returned to the negotiating table which has already resulted in restoring weekend bonus for 10,000 underground workers. It is also almost certain that zł.100 million will be allocated to the so-called social fund and the money will be specifically spent on cheap mortgage loans for employees. A general shareholders meeting will make a final decision on the matter on June 14. The Treasury is also becoming increasingly interested in KGHM's profit and the Treasury Minister said that he is considering increasing the dividend payout. (Puls Biznesu, p. 6) J.L.