Gov't tightens control over KGHM, Azoty

The Ministry of Energy will supervise Polish mining giant KGHM in 2017, while chemical producer Azoty will be under the guidance of the Ministry of Finance and Development. Henryk Kowalczyk, the head of the Ministerial Cabinet, made the announcement during a press conference. “Generally, companies will be separated according to industry characteristics,” Kowalczyk stated. The supervisory bodies for some other large state companies were announced as well: according to Kowalczyk, Totalizator Sportowy, PZU, LOT Polish Airlines and the WSE will be supervised by the Ministry of Finance and Development; the Ministry of Infrastructure and Construction will oversee Polish Real Estate Holdings; the Ministry of Culture and National Heritage will supervise media companies such as TVP, Polish Radio, and the Polish Associated Press.