Stamp of disapproval
According to a report released last week by the Supreme Chamber of Control (NIK) neither the consecutive directors nor the Minister of Infrastructure have managed to come up with a reasonable strategy for the management and development of Poczta Polska.
The report covered the period from 2002 to the second half of 2004 and revealed a zł.55.7 million loss due to the company's unnecessary engagement in commercial undertakings and their poor operation.
The affiliate companies of PP that NIK looked into included, among others, Bank Pocztowy, the Pocztylion Arka pension fund, Postdata, an IT services provider, and PAUF, a financial services agency. It appears that PP made every effort not to use its biggest assets - it never charged Bank Pocztowy for access to its network of offices functioning all over Poland and refused to appraise the value of the Poczta Polska trademark.
The only undertaking to actually generate profit is Postdata, but Krzysztof Szwedowski, vice president of NIK, points out that 97 percent of all Postdata's orders came from PP, which thus avoided going into tender procedures. According to Szwedowki, the guilt lies on the side of the consecutive general directors, who failed to follow the guidelines provided as a result of earlier NIK investigations.
The report covered the period from 2002 to the second half of 2004 and revealed a zł.55.7 million loss due to the company's unnecessary engagement in commercial undertakings and their poor operation.
The affiliate companies of PP that NIK looked into included, among others, Bank Pocztowy, the Pocztylion Arka pension fund, Postdata, an IT services provider, and PAUF, a financial services agency. It appears that PP made every effort not to use its biggest assets - it never charged Bank Pocztowy for access to its network of offices functioning all over Poland and refused to appraise the value of the Poczta Polska trademark.
The only undertaking to actually generate profit is Postdata, but Krzysztof Szwedowski, vice president of NIK, points out that 97 percent of all Postdata's orders came from PP, which thus avoided going into tender procedures. According to Szwedowki, the guilt lies on the side of the consecutive general directors, who failed to follow the guidelines provided as a result of earlier NIK investigations.
