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Jerzy Podsiadło resigns from ArcelorMittal Poland

Podsiadło successfully restructured four of the largest steel mills, consolidated them and than helped acquire an investor when they were on the verge of bankruptcy. According to Puls Biznesu, attempts to lay off Jerzy Podsiadło and Stefan Dzienniak, deputy president for technology of AMP, occurred over one month ago.

"Following an intervention of one of the supervisory board members, this attempt was abandoned," said an anonymous source. Jerzy Podsiadło admitted having resigned but refused to provide any further details on this issue, while Puls Biznesu claims that his contract was valid by the end of 2009.

"He is one of the best managers. It can be said that he saved Polish steel mills from bankruptcy. His resignation is a huge loss for the firm, in particular that he was a world renowned expert," said Eugeniusz Budniok of the BCC.

Sources: Puls Biznesu, Parkiet (M.M.)

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