Food Services Consultancy Company takes a big bite of National Investment Fund

"The new shareholder purchased the shares from the state treasury," said Paweł Gieryński from Copernicus Finance, which is managing Piast. The new shareholder also changed the composition of the supervisory board, but refused to reveal any details concerning its policy. "The board should meet in mid-November, which should result in a discussion about the future of the fund. Options related to its liquidation are unlikely. I hope we will hear more then from the managing company and the new shareholder," explained Grzegorz Stulgis, one of the supervisory board members. Piast has currently only zł.15 million at its disposal after it recently sold its assets and divided the proceeds among the shareholders. (Puls Biznesu, pp. 1, 11) M.M.