KPWiG calls for second investigation into Hydrobudowa

The Securities and Stock Exchange Commission (KPWiG) wants the prosecutor to reconsider the case of an alleged illegal agreement between the shareholders of Hydrobudowa Śląsk, NFI Jupiter and Energopol Południe. In March Hydrobudowa accused Jupiter and Energopol of exceeding the 33% of votes during the shareholders meeting without the prior consent of KPWiG. "The prosecutor's office decided to drop the charges but the Commission complained of a suspected criminal act," explained KPWiG spokesman Michał Stępniewski. Both Jupiter and Energopol deny the allegations. "The prosecutor's decision shows that Hydrobudowa's actions were unfounded," said Jupiter's President Janusz Koczyk. He did not exclude changes in Hydrobudowa's management. "When it began investing Hydrobudowa, Jupiter declared itself an exclusively passive investor. Now the fund seems to want to gain control of the company. It is an unnecessary conflict," assured Hydrobudowa Vice-President Jarosław Dusiło. (Puls Biznesu, p. 5) K.Ż.