Shifting form: Gelatin producer employees seek ownership of bankrupt firm

"We want to continue production," said Janusz Zowczak of FZ S.A to daily Rzeczpospolita. "After the registration procedure is completed we will ask the management board of Brodnica plant and Kazimierz Grabek the majority stakeholder of FZ SA to lease the firm's property," said Zowczak. The initial capital of BZZ is to amount to zl. 4,000. The employees explained that the idea of setting up a new employees ownership firm resulted from their fear that the management board of FZ S.A. would not restart permanent production and they would be left without work. FZ S.A. debt amounts to zl. 10 million against the firm's assets of zl. 2.2 million. Therefore the best solution was bankruptcy. (Rzeczpospolita, page B2)