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TP removed from companies subject to golden veto

The draft of a bill that gives the Treasury Ministry a right to oppose the dissolution, relocation abroad, sale, lease of assets or shift in the main core of activity of companies that are vital to the national economy and security no longer includes the telecoms giant. Instead, the Treasury Ministry put a TP subsidiary, TP Emitel, on the list. This is a company which deals with the transmission of radio and television signals. Companies that remain on the list are: PGNiG, Grupa Lotos, Naftobazy, PKE, PKN Orlen, BOT, Górnictwo i Energetyka, Kompania Węglowa, PSE, PSE Operator, PGNiG Przesył, PERN, "Przyjaźń", Naftoport, and PKP. The bill is slated to come into force on March 1. The list is not likely to be widening as this would provoke strong protests from the EU, however, Sejm deputies may seek to strengthen the powers of the Treasury over these companies. (Parkiet p. 1) M.G.

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