Quarrels seem set to continue in Stomil Olsztyn

Minority shareholders in Stomil Olsztyn (SO) are questioning the Deloitte & Touche (D&T) report that was supposed to decide conclusively whether SO's m ajority shareholder, Michelin Group, used illegal financial practices again st the company. The open criticism of the document may rekindle the dispute between the Michelin Group and SO minority shareholders who say the report in no way satisfies them and is not conclusive with regard to Michelin's use of transfer prices in account settling with SO. "We have 45 questions conce rning various issues we would like to discuss during the next supervisory b oard meeting," said Raimondo Eggink, a member of SO's supervisory board. Ac cording to D&T, Stomil's higher profitability in comparison to the rest of the group proves that transfer prices could not have been used. This is in contrast to the claims of the minority shareholders who say that SO's profi tability should be much higher as its labor cost are 60% lower than in the whole Michelin group. (Puls biznesu, p. 4) J.K.