Pending development strategy to shake up Lotos board

If not, the government will launch a competition for a new president. On September 1st the supervisory board announced a competition for positions on the board of directors. It is still unclear, though, whether this means there will be a competition for the new CEO job or not. Lotos is mainly looking for professionals from oil industry, who would be able to cope with Complex Technical Development Programme (PRKT). Its' value is estimated at about zl.6 billion, and the main difficulty with it is finding funds. Lotos is also looking for a specialist for oil extraction, logistics and chain of supplies. The current CEO is pretending not to notice he may lose his job and denies any competition is being held for his post. (Puls Niznesu, p12.) J.L