Huta Katowice and Huta Sendzimira to have separate management boards
Contrary to earlier Economy Ministry plans to appoint a joint management
board for Poland's two largest steel mills, Huta Katowice (HK) and Huta
Sendzimira (HTS), two separate boards have been appointed but will be headed
by one president, Jerzy Podsiadlo. His appointment is the first step towards
the consolidation of the Polish steel sector and the creation of the Polish
Steel Mills Group (Polskie Huty Stali). The group is to be created in
December, initially comprising the Cedler, Florian and Czestochowa mills,
with HK and HTS joining them in mid-2002. To date the management boards of
HTS and HK have often been at odds, blaming one another for contributing to
the disastrous condition of the Polish steel sector. (Puls Biznesu, p. 15,
Gazeta Wyborcza, Dec. 1-2, p. 26) T.J.